Tag: spac
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Churchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Electric vehicle charging. Jackyenjoyphotography/Getty Images Stocks of Churchill Capital Corp.. IV are around 50 percent in a post-apocalyptic series to start the week. News of the SPAC possibly taking EV business Lucid Motors public is pushing the share price greater. The fourth of seven’blank-check’ businesses worked by Michael Klein, Churchill Capital Corp.. IV’s plan for…
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Car-rental app Turo aims to list shares publicly in 2021, report says
Turo Car-rental startup Turo aims to list its shares publicly in 2021 after a strong end to 2020, the company’s CEO told The Wall Street Journal in a report published Friday. Turo allows people to offer their private vehicles for rental, a car-sharing alternative to industry giants such as Hertz or Avis. CEO Andre Haddad…