[Request] CIIG Merger Corp - (duplicate)

[Siro (Luke Palmer)]

A new electric truck company will start through this empty check company

[Jonny]

CIIG has now completed its merger with Arrival, you can find the share chat here

Arrival - ARVL - Share Chat

CIIG Merger Corp. (CIIC) Arrival said on Wednesday it had reached a deal to merge with CIIG Merger Corp. (CIIC), one of the many “special purpose acquisition companies” — or SPACs — that have proliferated in the US over the last 12 months. SPACs are shell companies, also known as “blank cheque” companies, that are capitalised and looking for deals to acquire businesses as a means to help them go public. Arrival will be valued at $5.4bn (£4bn) once the transaction closes, the company said in a …