FIII News and Press, Forum Merger III Corporation From 03/07/21

Electric vehicle company Canoo went public through a SPAC deal with Hennessy Capital Acquisition Corp. IV but saw its share price decline significantly from recent highs. The company plans to enter multiple EV categories with a unique subscription-service and skateboard technology whi...

Electric Last Mile, Inc. (“ELMS” or the “Company”), a commercial electric vehicle company focused on last-mile delivery solutions, today announced its participation in several upcoming investor events: Deutsche Bank EV Startups Virtual Bus Tour (March 4...

Electric Last Mile, Inc. (“ELMS”) today announced that it has entered into strategic partnerships with Jing-Jin Electric North America, LLC (“JJE”), a global leader in electrified propulsion technologies, and Contemporary Amperex Technology Co. Limited ( ...

Independent director nominees include former UPS CFO Richard Peretz, Sense Photonics CEO and former Google automotive services program lead Shauna McIntyre, CDK Global CEO and former Intel CEO Brian Krzanich, and Raymour & Flanigan Chairman and CEO Neil Goldberg Seasoned l...

Last mile delivery Electric Vehicles (EVs) make sense in the near term for EV investments. WKHS is already making step vans and competing for the US postal Service contracts. CIIC is merging with Arrival, which already has delivery van orders from UPS. FIII plans a merger with...

Quantumscape is speculative, with current valuation too high even for the current market conditions. Quantumscape faces major developmental hurdles as they need to solve stacking and need to scale production with sufficient defect tolerances. Quantumscape has little revenue, is 2 ...

Electric Last Mile Solutions, set to merge with SPAC Forum Merger III Corp (FIII), is the most compelling Electric Vehicle (EV) investment opportunity in the market right now; Electric Last Mile Solutions (ELMS) will use an 675,000 square foot manufacturing plant in Indiana that forme...

Electric Last Mile, Inc. (ELMS) is pleased to announce that the Indiana Economic Development Corporation (IEDC), which leads the state’s economic development efforts, has offered ELMS a series of conditional tax credits and training grants based on its plans to create new jobs in...

Gainers: Equus Total Return (EQS) +43%. Forum Merger III (FIII) +10%. Qell Acquisition (QELL) +10%. Atlanticus (ATLC) +8%. Freedom Holding (FRHC) +7%.Losers: Switchback Energy Acquisition (SBE) -12%. Hennessy Capital Acquisition (HCAC) -11%. CIIG Merger (CIIC) -11%. Lemonade (L...

EV companies are coming public via SPACs at a rapid pace. Qell's focus and leadership background suggest their business combination target could be Proterra. Proterra is a leading EV bus maker with other key EV fleet abilities including last mile delivery and is likely to be well ...