Hennessy Capital (HCAC) to Combine with EV-Maker Canoo in $1.84 Billion Deal

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Hennessy Capital (HCAC) to Combine with EV-Maker Canoo in $1.84 Billion Deal

Hennessy Capital Acquisition Corp. IV announced this morning it had entered into a definitive agreement to combine with electric vehicle (EV) company Canoo in a deal that would give it a pro forma enterprise value of about $1.84 billion. Canoo has developed flat electric “skateboards” that include a vehicle’s drive train, suspension and battery, on
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