Shares of special purpose acquisition company (SPAC) CIIG Merger (NASDAQ: CIIC) are trading 32% above Thursday's closing price, as of 10:55 a.m. EST.
The SPAC is merging with U.K.-based electric-van and bus maker Arrival, and recently released an interview from Arrival's president and chief strategy officer (CSO).
Investors looking to research the electric-vehicle (EV) company merging with CIIG got some details on Arrival's business plans through an interview that CIIG filed with the U.S. Securities and Exchange Commission (SEC) this week.
For further details see:
Why Shares of CIIG Merger Are Up 32% Today