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Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
CNBC· 2025-11-12 19:42
The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach.Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check company, valuing it at $1.8 billion.The deal is expected to raise $219 million in gross proceeds, with up to an additional $100 million in PIPE capital from institutional investors, with Einride to ...