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Electric bike firm Zapp to go public via SPAC at $573 mn valuation
short by Mansi Agarwal / on 24 Nov 2022,Thursday
UK-based electric bike maker Zapp Electric Vehicles will merge with special purpose acquisition company (SPAC) CIIG Capital Partners II to get listed on Nasdaq. The combined entity will have an estimated post-money valuation of $573 million. Zapp said it will use the proceeds from the merger to bring its i300 scooter, which was first unveiled in 2018, to market.
short by Mansi Agarwal / 10:22 am on 24 Nov
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