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Lightning eMotors (GigCapital3) Priced, NYSE: ZEVY

Third blank check company led by semiconductor veteran Avi Katz targeting TMT (completed 5/6/2021).

Industry: SPAC

First Day Return: -0.9%

Industry: SPAC

We are a newly organized Private-to-Public Equity (PPE) company, also known as a blank check company or special purpose acquisition company. Although we may pursue our initial business combination in any business, industry or geographic location, we currently intend to focus on opportunities to capitalize on the ability of our management team, particularly our executive officers, to identify, acquire and operate a business in the technology, media and telecommunications (TMT) industry. Our management team has significant hands-on experience helping TMT companies optimize their existing and new growth initiatives by exploiting insights from rich data assets that already exist within most TMT companies. We intend to apply a unique “Mentor-Investor” philosophy to partner with our targets where we will offer financial, operational and executive mentoring in order to accelerate their growth and development from a privately held entity to a publicly traded company. Further, we intend to share best practices and key learnings, gathered from our management team’s operating and investing experience, as well as strong relationships in the TMT industry, to help shape corporate strategies.
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IPO Data
IPO File Date 02/25/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/13/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Palo Alto, CA, United States
Founded 2020
Employees at IPO 2
Website www.gigcapital3.com

Lightning eMotors (GigCapital3) (ZEVY) Performance