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home / news releases / CLII - CLII - Showcases EV Charging SPAC Deal

CLII - CLII - Showcases EV Charging SPAC Deal

EVgo Inc Cl A Com
  • CLII, Climate Change Crisis Real Impact I Acquisition Corporation, will merge with electric vehicle charging company EVgo.
  • With climate-tech investing one of the hottest trends in raising capital, the venture looks promising.
  • But a liberal use of estimations and excessively long-term narratives make this one worth scrutineering.
  • With a $2.6B equity price tag against projected Y2021 sales of $20M and no free cash flow until 2024, it seems like a steal.
  • But is it a steal for the investing public?

For further details see:

CLII - Showcases EV Charging SPAC Deal
Stock Information
Company Name: EVgo Inc Cl A Com
Stock Symbol: CLII
Market: NYSE
Website: evgo.com
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