Auburn Hills electric van maker Electric Last Mile to go public in $1.4 billion reverse merger deal
Will be listed on NASDAQ under EMLS ticker
Deal to be completed in Q1 next year Electric Last Mile Solutions
Electric Last Mile Solutions new urban delivery vehicles have 170 cubic feet of cargo capacity, a range of 150 to 200 miles and are capable of fully charging in as little as two hours.
Auburn Hills-based electric vehicle maker Electric Last Mile Solutions Inc. announced Friday it plans to go public through a reverse merger with blank-check company Forum III Corp. in a deal that values the startup at $1.4 billion.