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Bird reportedly prepares to go public via SPAC, aims for 2023 profitability Micromobility startups are following the lead of EV companies going public via mergers with special purpose acquisition companies, a financial instrument that came back en vogue in 2020. Bird Rides, the California-born micromobility company that now operates in more than 100 cities across the United States, Europe and the Middle East, plans to merge with Dallas-based blank-check company Switchback II Corporation, reports dot.LA. Switchback was formed in 2019 and led by former executives at oil and gas driller RSP Permian, Scott McNeill and Jim Mutrie. Bird is the second scooter company this year to eschew the traditional IPO path and instead opt for the trendy SPAC tool. In February, Helbiz, a micromobility startup in Europe and the U.S., also became a public company via SPAC in a merger with GreenVision Acquisition Corp. Many micromobility companies saw ridership fall during the pandemic last year, so we

New yorkUnited statesFrance generalSan franciscoJim mutrieScott mcneillGreenvision acquisition corpCredit suisseSwitchback ii corporationMiddle eastGreenvision acquisitionNew york cityபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்பிரான்ஸ் ஜநரல்சான் பிரான்சிஸ்கோ