SHLL News and Press, Tortoise Acquisition From 09/21/20

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Former Union Pacific CFO brings public company and transportation experience Hyliion Inc. (Hyliion), a leader in electrified powertrain solutions for Class 8 commercial vehicles that has entered into a business combination agreement to merge with Tortoise Acquisition Corp. (TortoiseC...

Shares of Tortoise Acquisition (NYSE: SHLL) were trading higher on Tuesday afternoon. The special purpose acquisition company is set to merge with electric truck drivetrain maker Hyliion, and it confirmed on Tuesday that its shareholders will vote on the merger proposal on Sept. 28. As of...

Tortoise Acquisition Corp. (NYSE: SHLL) (“TortoiseCorp”) today announced that the Special Meeting of Stockholders (the “Special Meeting”) to approve the pending business combination between TortoiseCorp and Hyliion Inc. (“Hyliion”) is scheduled to be ...

Special purpose acquisition companies ( SPACs) aiming to capitalize on the popularity of renewable energy by buying start-up electric vehicle (EV) companies got routed last week. It was collateral damage of a short attack against one of their peers, Nikola . Today, however, at least a coupl...

The second blank check company formed by Tortoise Capital, Tortoise Acquisition II ( SNPR ) has priced its upsized initial public offering of 30M (from 25M) units at $10/unit . More news on: Tortoise Acquisition Corp. II, Tortoise Acquisition Corp., Energy stocks news, IPO News, ...

This article first appeared on Trend Investing on August 10, 2020; therefore all data is as of this date. After the past 1-2 years trade war-COVID-19 induced lull in electric vehicle [EV] sales, suddenly mid 2020 is seeing some big moves in 'EV World'. A flood of new IPOs, surging EV sales...

Introduction In an increasingly crowded SPAC playground, there will be ever-increasing competition for the same number of worthwhile targets to merge with. With new special purpose acquisition companies filing to go public on a daily basis, this glut has also made it increasingly difficult f...

Tesla (NASDAQ: TSLA) has had a remarkable year, with its shares up more than 350% in 2020 even after a recent hiccup thanks to the growing investor excitement about the auto industry going electric. But Tesla is hardly the only choice for investors interested in buying into the electrific...