GigCapital3 Inc. (GIK) to Combine with Lightning eMotors in $651M Deal

GigCapital3 Inc. (NYSE:GIK) announced this afternoon that is has entered into a definitive agreement to combine with electric vehicle (EV) manufacturer Lightning eMotors that would give it an enterprise value of $650.6 million. Colorado-based Lightning eMotors manufacturers EVs for commercial fleets including vans, work trucks, buses and motor coaches. The combined company will retain the
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