2023-03-29 16:09:38 ET
- Volta ( NYSE: VLTA ) ticked up 0.8% after shareholders voted to approve its planned sale to Shell plc ( NYSE: SHEL ) for ~$169 million.
- Holders of the electric vehicle charging company approved the deal on Wednesday, a person familiar with the vote results told Seeking Alpha.
- Volta ( VLTA ) went public in August 2021 as part of its merger with special purpose acquisition company TortoiseCorp II.
- In January Volta ( VLTA ) agreed to be acquired by Shell ( SHEL ) for 0.86/share in cash.
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Volta ticks higher after shareholders vote to approve sale to Shell