SPACs—or Special Purpose Acquisition Companies—are publicly-traded investment vehicles that raise funds via an initial public offering (IPO) in order to complete a targeted acquisition. VIA Motors was founded in 2010 and headquartered in Orem, Utah. The IPO aggregating up to Rs 1,153.71 crore comprises a fresh issue of up to Rs 265 crore and an offer-for-sale aggregating up to Rs 888.71 crore by promoters and existing shareholders, the company said. A look at travel startups startups like Turo, Traveloka, Yanolja, Gett, Sonder, and Vacasa, that might go public via IPOs in 2021. 2009. Notable Investors. Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two sources familiar with the matter told CNBC. Nikola Corporation made a dream Wall Street debut last week. Lightning eMotors announced plans to go public via a SPAC merger with GigCapital3 last week. The Rs 540-crore initial public offer (IPO) of Mrs Bectors Food Specialities will open for three days on Tuesday (December 15). Burger King India became the top 3 most subscribed IPOs this year, along with Happiest Minds Technologies and Mazagon Dock Shipbuilders. IPO Date: November 7, 2013 IPO Price: $26 Plymouth MI, US. Investors that want to know more about the plans … The price band has been fixed at Rs 286-288 per share. Lists Featuring This Company. Javascript is required for this site to display correctly. VIA Motors International is based out of Orem. NSE Gainer-Large Cap . Rivian Stock . The XPEV stock IPO date is not currently set but sources close to the matter point TO a Thursday 27 August debut. Nifty 14,644.70 123.55. About Rivian Stock. VIA Motors produces extended-range electric vehicles (EREVs) by modifying trucks, vans and SUVs. Buy or sell Rivian stock pre IPO via an EquityZen fund. ; The SPAC's market cap now pushes $4 … News Ford Motor Company. (Up to date at 10:02 UTC: the brand new ultimate paragraph, reactions were added). The company's CEO Carsten Breitfeld confirmed on Monday the company's plans to become a publicly traded company. NIO set the final offer price at $6.26 per American depositary receipt—just a penny over the bottom range NIO was hoping for. As part of the Xpeng Motors IPO process, we do know a great deal about the company’s financials. Supply: a video screenshot, Youtube, Bloomberg XRP stays unmoved because the marketplace as soon as once more has been hit with speculations about Ripple’s preliminary public providing (IPO). Sustainable Automotive Technology. No date has been announced yet. Twitter had its IPO in 2013, but turned a profit for the first time in the fourth quarter of 2017 and still has not had a profitable year. Adani Trans 455.20 37.1. VIA Motors purchases basic vehicles from GM and replaces the conventional gas powertrain with an extended-range electric-drive powertrain. Consider that bitcoin is trading now at … The Lordstown Endurance is slated to enter the EV competition with a release in 2021. VIA Motors is an American electric vehicle development and manufacturing company. FEATURED FUNDS ★★★★★ Axis Focused 25 Direct Plan-Growth. Request Access. NIO's target would have been the largest U.S. listing to date by any Chinese automaker. Via Motors Cuts Ribbon at Facility in Mexico "Full Speed Ahead!" Opendoor IPO: Stock Listing via Chamath Palihapitiya’s SPAC; Best Long-Term Stocks to Buy and Hold for the Next 10 Years; Cheapest Stocks Under $1 on the Market; The Best Side Hustles for 2020; Fisker IPO: Stock Coming to Market via Merger Electric vehicle company Lucid Motors is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. The IPO comprises fresh issuance of shares worth Rs 40.54 crore and offer for sale to the tune of Rs 500 crore by existing shareholders. Expected IPO Pricing Date: August 26, 2020. The offer-for-sale consists of shares worth Rs 435.61 crore by promoter True North Fund V LLP, Rs 291.28 … NSE Gainer-Large Cap . Fisker Emotion, a luxury sedan that grabbed limelight at the Consumer Electronics Show in 2018, is waiting in the wings and the firm has not decided upon its launch date yet. Churchill Capital Corp IV is continuing its meteoric rise on Thursday, with shares surging roughly 9% before paring some gains. Tesla is now the world’s most valuable car company. Opendoor IPO: Stock Listing via Chamath Palihapitiya’s SPAC; Best Long-Term Stocks to Buy and Hold for the Next 10 Years; Cheapest Stocks Under $1 on the Market; The Best Side Hustles for 2020; Fisker IPO: Stock Coming to Market via Merger The bull move in bitcoin since October has been sizzling. What we know about the Lucid Motors IPO. The latest company mulling a SPAC deal is financially troubled luxury electric vehicle startup Faraday Future. The notice included securities offered of Equity Summary; 13D/G; Insider (Form 4) Form D 3; Mutual Funds/ETFs; Create Alert × Email Notification. $2.8B. Lordstown Motors IPO: New EV Company Going Public via SPAC; Rivian IPO: Will Rivian Go Public? At pixel time (08:58 UTC), XRP, ranked third via marketplace capitalization, […] Financial highlights. Adani Trans 455.20 37.1. Nifty 14,644.70 123.55. Importantly, Lucid Motors is far from the first electric vehicle maker to come public via a reverse merger. 5Y Return. The price has gone from about $7,500 to $23,395. VIA Motors International, Inc., a ... Our forward looking statements speak only as of the date of their initial issuance, and we do not undertake any obligation to update or revise publicly any forward looking statement, whether as a result of new information, future events, or otherwise. Nikola (NASDAQ: NKLA ) and Fisker (NYSE: FSR ) led the way earlier in 2020. Headquarters. Members of IPO Edge get the latest IPO … VIA Motors specializes in the manufacturing of electric trucks and SUVs that spun out from Raser Technologies in 2010. Initial Public Offering - IPO: An initial public offering (IPO) is the first time that the stock of a private company is offered to the public. Total Funding. EquityZen is a marketplace for shares of proven pre IPO tech companies. Brad Garlinghouse. FEATURED FUNDS ★★★★★ Mirae Asset Tax Saver Fund Direct … The firm last filed a Form D notice of exempt offering of securities on 2014-11-06. View More Companies. VIA then sells directly to fleets under the VTRUX™ brand name. Electric pickup truck maker Lordstown Motors announced today a new deal to go public through a reverse merger at a $1.6 billion valuation. 5Y Return. Nikola, a manufacturer of battery-electric and hydrogen-electric vehicles, EV powertrains, energy storage systems, and hydrogen fueling infrastructure, made its debut via an acquisition by VectoIQ, a blank check company led by former General Motors Company executives. ALSO READ: IRFC's Rs 4,600-crore IPO subscribed 1.22 times on the second day. It’s based on a … It provides utility fleets, Exportable Power, electric vehicles for fleets, and extended-range electric trucks. Benchmarks . Startups seem to be favoring SPAC listings this year as Arrival’s main competitors, including Nikola, Lordstown Motors and Fisker, announced going public via the same route earlier in 2020. The latest news comes from the Los Angeles Times , which reported this morning that a deal is on the way . The Lion Electric Co. chose to forego plans for a solo initial public offering and instead pursued a listing on the New York Stock Exchange via a merger with an American blank-cheque company in an effort to accelerate its growth plans, according to the company’s founder. Paysafe expects double-digit revenue growth between 2020 and 2023. 20.24 % Invest Now. Lordstown Motors IPO: New EV Company Going Public via SPAC; Rivian IPO: Will Rivian Go Public? FEATURED FUNDS ★★★★★ Axis Focused 25 Direct Plan-Growth. Lucid Motors SPAC merger hopes have investors on edge this week. The company set an indicative price range of $6.25 to $8.25 per share. Founded. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo Finance's Pras Subramanian to break down the company’s upcoming electric vehicles, the EV space, and whether a SPAC IPO is in the cards. VIA seems to be ready to produce thousands of its EREV pick-up, SUV and van variants in the coming months. After the success of Nikola Motors … Tesla stock is up about 255% year to date. VIA Motors Stock viamotors.com | Automotive | Founded: 2010 | Funding to Date: $56,750,000 Manufacturer of electric trucks and sport utility vehicles intended to accelerate the transition to Green Logistics Vehicles. 20.24 % Invest Now. This 2014 VIA Motors electric plug-in pickup truck makes a debut at the 2013 LA Auto Show. The basis of allotment for Mrs Bectors IPO is likely on Tuesday, as per the IPO prospectus, while the refund process would be initiated on Wednesday. The IPO gives NIO a $6.42 billion valuation. Gain Insight and actionable information on U.S. IPOs with IPO Edge research. This year continues to be big for startups to launch IPO's via deals with special purpose acquisition companies (SPACs) in order to raise capital from investors on Wall Street. 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