|Bid||8.65 x 1000|
|Ask||9.80 x 800|
|Day's range||10.55 - 10.55|
|52-week range||8.62 - 21.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Lightning eMotors, a leading provider of commercial electric vehicles for fleets, and GigCapital3, Inc. ("GigCapital3"), today announced that they are completing their previously announced business combination. The business combination was approved by GigCapital3 stockholders on April 21, 2021. This closing happens less than a year after GigCapital Global closed the GigCapital3 SPAC IPO on May 18, 2020.
GigCapital3, Inc. ("GigCapital3") (NYSE: GIK, GIK.U, and GIK.WS) announced that its stockholders approved all proposals related to the previously announced business combination (the "Business Combination") with Lightning eMotors at a special meeting of stockholders held on April 21, 2021. More than 98% of the votes cast at the meeting on the Business Combination proposal, representing approximately 56% of GigCapital3’s outstanding shares, voted to approve the Business Combination. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission.
GigCapital3, Inc. ("GigCapital3") (NYSE: GIK), a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, encourages its stockholders to vote in favor of the previously announced proposed business combination with Lightning eMotors ("Lightning eMotors").