Brief: Zapp, A High Performance Two-Wheel Electric Vehicle Company, To Become Publicly Traded Via Business Combination With Ciig Capital Partners Ii
22/11/2022 12:38
Nov 22 (Reuters) - CIIG Capital Partners II Inc
CIIG.O :
* ZAPP, A HIGH PERFORMANCE TWO-WHEEL ELECTRIC VEHICLE
COMPANY, TO
BECOME PUBLICLY TRADED VIA BUSINESS COMBINATION WITH CIIG
CAPITAL PARTNERS II
* CIIG CAPITAL PARTNERS II INC - ESTIMATED POST-TRANSACTION
ENTERPRISE VALUE OF $573 MILLION
* CIIG CAPITAL PARTNERS II-COMBINED COMPANY, ZAPP ELECTRIC
VEHICLES GROUP LIMITED IS EXPECTED TO LIST ORDINARY SHARES ON
NASDAQ UNDER TICKER SYMBOL ZAPP"
* CIIG CAPITAL PARTNERS II INC - CASH PROCEEDS RAISED WILL
CONSIST
OF CIIG II'S APPROXIMATELY $294 MILLION CASH IN TRUST, NET OF
REDEMPTIONS
Source text for Eikon: ID:nGNX4STdDP
Further company coverage: CIIG.O
((Reuters.Briefs@thomsonreuters.com;))
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