Lightning eMotors to go public in 2021, seeks to raise $270M

LOVELAND — Lightning eMotors, a Loveland-based developer and manufacturer of electric powertrains, is going public on the New York Stock Exchange next year.
In a statement, the company said it has agreed to merge with GigCapital3 Inc. (NYSE: GIK) at some point in the first half of 2021 and trade on the New York Stock Exchange under the ticker symbol ZEV.
Lightning eMotors makes electric engines and transmissions that replace gas-powered powertrains on buses and commercial trucks, and recently has gotten into installing and maintaining charge points for electric vehicle fleets.
GigCapital3…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!