Electric-vehicle maker Canoo will merge with 'blank-check' company to raise $600 million in a public offering (HCAC)

Business Insider

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· *Electric vehicle maker Canoo said it will go public via a reverse merger with "blank check" company Hennessy Capital Acquisition Corp. later this year.*
· *The Los Angeles-based car maker plans to raise $600 million in the SPAC offering, netting the combined entity a valuation of $2.4 billion.*
· *Canoo is now the fourth...

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