Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in Lordstown Motors’ Chapter 11 bankruptcy proceedings last week…
Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent filings, is that the company’s deteriorating cash position and ina…
Troubled commercial EV maker Arrival has just ended a deal to merge — for the second time in less than three years — with a special purpose acquisition company. Arrival initially went public in March 2021 via a merger with special purpose acquisition company CIIG Merger Corp. in a deal valued at $5.4 billion. Since…
I know that regulation lags the market, but holy hell, what was all this? As Lordstown immolates, SPAC deals that didn’t go to zero feel like the exception by Alex Wilhelm originally published on TechCrunch
There are plenty of possible reasons why climate tech’s sudden stumble in Q1 2023 was merely a misstep and not the beginning of a downward spiral. Despite a rocky start, climate tech is in a good position to tackle the rest of 2023 by Tim De Chant originally published on TechCrunch
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