SPACs Reportedly Chasing New Electric Bus and Scooter Targets

RUMORS

SPACs Reportedly Chasing New Electric Bus and Scooter Targets

CIIG Merger Corp. (NASDAQ:CIIG) is in talks to combine with electric vehicle (EV) manufacturer Arrival, while electric scooter-maker Bird Rides is chirping with at least one SPAC, according to two reports by Bloomberg. Arrival CIIG is reportedly working to pull together a PIPE worth $400 million to $500 million to support the deal, would value
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