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NYSE:SHLL
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Tortoise Acquisition Corp. Stock News

$4.18
+0 (+0%)
At Close: Aug 17, 2022
Most SPACs have redemption rights, which give shareholders the right to sell their shares back to the acquisition company for $10 per share.
European EV sales are surging higher. Tesla Battery Day is coming soon and may be a 'game changer' for the EV industry.
Tortoise Acquisition Corp. II, the successor to Tortoise Acquisition Corp., has filed its S1.

EV Company News For The Month Of August 2020

09:35am, Tuesday, 01'st Sep 2020
Global electric car sales for July 2020 were up 76% YoY (4th best result ever). Europe EV sales all time record high, 213% higher (fastest growth rate in 5 years).
Hyliion Inc. (Hyliion), a leader in electrified powertrain solutions for Class 8 commercial vehicles, and Dana Incorporated (NYSE: DAN), a leader in commercial vehicle drivetrains known for its Spicer
Canoo is a self-described business-to-consumer electric-vehicle company. Drivers, essentially, rent a futuristic looking VW-type van.
Canoo is a self-described business-to-consumer electric-vehicle company. Drivers, essentially, rent a futuristic looking VW-type van.

Why Tortoise Acquisition Stock Is Rising Today

04:05pm, Monday, 17'th Aug 2020
Shares of Tortoise Acquisition (NYSE: SHLL) were moving higher on Monday. The special purpose acquisition company released second-quarter financial information for electric-truck powertrain maker Hyl

The SPAC Market Is Deflating. Here’s Why.

10:15am, Sunday, 16'th Aug 2020
A hot market for special-purpose acquisition companies, or SPACs, generated an abundance of new issuance. But there are only so many investors willing and able to buy these private-equity-like vehicle
Cambridge Investment Research Advisors Inc. acquired a new stake in Tortoise Acquisition Corp. (NASDAQ:SHLL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institut
Well-publicized success of several high-profile SPACs this summer has led to bigger and more well-funded sponsors to enter the space.
"The bull market in Tesla is real and it's spectacular. The bull market in the rest of the electric vehicle plays feels way less substantial," the "Mad Money" host said.
A team of equity strategists at Goldman Sachs examined the stock performance of 56 SPACs that have announced mergers with target companies since the start of 2018.
For a number of companies, lower dilution and better terms offer an attractive alternative to the traditional IPO.
Following its announced agreement to merge with Tortoise Acquisition Corp. (TortoiseCorp) (NYSE: SHLL), Hyliion Inc. (Hyliion), a leader in electrified powertrain solutions for Class 8 commercial vehi
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