Electric bus maker Proterra to go public through $1.6 bln SPAC deal
By Reuters Staff
1 Min Read
Jan 12 (Reuters) – Proterra Inc said on Tuesday it has agreed to go public through a merger with ArcLight Clean Transition Corp, valuing the U.S. electric bus manufacturer at $1.6 billion, including debt. (Reporting by Sohini Podder in Bengaluru; Editing by Arun Koyyur)
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