MILWAUKEE Harley-Davidson will take its electric motorcycle division public through a special purpose acquisition company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion.
Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which jumped 14% at the opening bell Monday. Under the agreement, the special purpose acquisition company AEA-Bridges…
Harley-Davidson and AEA-Bridges Impact Corp. (ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division (earlier post), to create a new publicly traded company. Its common stock is expected to be listed on the.
Iconic motorcycle maker Harley-Davidson announced it will take its electric motorcycle division public through a merger with a special purpose company.
Harley-Davidson’s electric bike division is going public through merging with a special acquisition company (SPAC) in a deal valued at approximately $1.77 billion, the iconic global motorcycle brand announced on Monday.