Luxury EV maker Lucid Motors to go public with $11.75 merger with black check company Churchill Capital IV Corp

In a statement luxury electric vehicle maker Lucid Motors stated, it will go public by merging with blank-check firm Churchill Capital IV Corp in a deal that values the combined company at $11.75 billion. Incidentally, CCIV, which has the backing of Michael Klein, and new private investors are getting shares at different prices: the new…

Quebec-based Lion Electric Co aims to go public through SPAC

In a statement, Lion Electric Co stated it plans on going public through a merger with blank-check company Northern Genesis Acquisition Corp. The startup aims to ramp up production capacity to tap growing demands for electric vehicles. Known for its yellow electric school buses, Quebec-based Lion Electric expects to receive around $500 million of net…

U.S. gaming platform Roblox Corporation preparing to go public in early 2021

According to sources familiar with the matter at hand, Roblox Corporation is working with investment banks for its potential market debut in the United State early next year, which could see the online gaming platform double its recent $4 billion valuation. Demand for video games has surged in the United States with consumers seeking home…

Property technology startup Opendoor aims to go public, in advanced talks with Social Capital Hedosophia Holdings Corp

According to a report from Bloomberg citing sources with knowledge of the matter at hand, property technology startup Opendoor, is holding advanced talks to go public through a merger with blank-check company Social Capital Hedosophia Holdings Corp. The report states, Social Capital is negotiating with prospective investors to raise fresh equity to help fund its…