HCAC - Canoo to trade tomorrow after SPAC merger closes
Canoo (CNOO) and Hennessy Capital Acquisition Corp. IV (HCAC) say they have completed their business combination after a special meeting of Hennessy shareholders. Beginning tomorrow, Canoo will trade on the Nasdaq Global Select Market under the ticker symbol GOEV. Canoo chairman's statement: "This next chapter is a very important one for Canoo as we prepare to complete advanced testing of our innovative electric mobility platform and to bring our recently unveiled multi-purpose delivery vehicle to limited production in 2022, and to commercial production and rollout in 2023. On behalf of all of us at Canoo, we are committed and excited about our go-to-market opportunities and to bring both consumers and businesses the benefits of our platform."Source: Press ReleaseCanoo was one of the stocks listed on Seeking Alpha's Catalyst Watch for the week.
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Canoo to trade tomorrow after SPAC merger closes