Electric vehicle chassis maker Motiv Power Systems is talking to special purpose acquisition companies about tying the knot. With proven technology and growing orders, the early stage growth company seems an ideal candidate for a SPAC dowry.
“We have been talking to a number of different SPACs,” Motiv CEO Matt O’Leary told FreightWaves. “This is a little bit like getting married. I mean, there has to be a good alignment between the target company and the SPAC, both in terms of the mission and...
https://www.freightwaves.com/news/motiv-power-looks-to-scale-ev-chassis-business-via-spac-merger