Category: Business Wire

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Electric Last Mile Closes Business Combination; Common Stock Expected to Begin Trading on Nasdaq as “ELMS” on June 28, 2021

TROY, Mich. & DELRAY BEACH, Fla.–(BUSINESS WIRE)–Electric Last Mile, Inc. and Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum”) today announced the completion of the companies’ previously announced business combination. The business combination was approved by Forum stockholders on June 24, 2021. The merger has resulted in Electric Last Mile Solutions, Inc. (“ELMS” or […]

United States Electric Vehicle (EV) Market Report 2021-2025 with Market Position of BMW, Daimler, Ford, GM, Honda, Hyundai, Renault, Tesla, Toyota & Volkswagen – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Electric Vehicle (EV) Market in US 2021-2025” report has been added to ResearchAndMarkets.com’s offering. The electric vehicle (EV) market in the US is poised to grow by 1736.13 thousand units during 2021-2025, decelerating at a CAGR of almost 45% during the forecast period. The market is driven by government subsidies and incentives and […]

CN’s JJ Ruest and KCS’ Pat Ottensmeyer Emphasized Supply Chain and Environmental Benefits of Transaction in Op-Ed

Affirmed Commitment to Helping American Business Nearshore Supply Chains and Reduce Carbon Footprint Approval of Proposed Voting Trust Fundamental to Realizing Combination’s Benefits MONTREAL & KANSAS CITY, Mo.–(BUSINESS WIRE)–An op-ed co-authored by JJ Ruest, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI) and Patrick J. Ottensmeyer, President and Chief Executive Officer of […]

Forward Announces New Chief Financial Officer

GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that Rebecca Garbrick has been named Chief Financial Officer and Treasurer of the Company, […]

Pony.ai Appoints Lawrence Steyn as Chief Financial Officer

JP Morgan Executive to accelerate its commercial growth and global deployment FREMONT, Calif.–(BUSINESS WIRE)–U.S.-China-based Pony.ai, a leading autonomous driving technology company, announced today that Lawrence Steyn, currently Vice Chairman of Investment Banking at JP Morgan, will join the company as Chief Financial Officer. Mr. Steyn will bring his nearly three decades of leadership in the […]

Forum Merger III Corporation Stockholders Approve Business Combination with Electric Last Mile, Inc.

– Electric Last Mile Expected to Begin Trading on the Nasdaq Under Ticker “ELMS” on June 28, 2021 DELRAY BEACH, Fla. & TROY, Mich.–(BUSINESS WIRE)–Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum” or the “Company”) and Electric Last Mile, Inc. (“ELMS”) today announced that Forum’s stockholders have approved all proposals related to the companies’ […]

Faraday Future Announces Effectiveness of Registration Statement for the Business Combination of FF and Property Solutions Acquisition Corp.

Special Meeting of Property Solutions Acquisition Corp. (“PSAC”) will be held on July 20, 2021 to approve the business combination with Faraday Future Following the closing, the combined company’s stock and warrants are expected to trade under the ticker symbols “FFIE” and “FFIEW”, respectively PSAC’s stockholders as of June 21, 2021 are encouraged to submit […]