InvestorsHub Logo
Followers 8
Posts 614
Boards Moderated 0
Alias Born 03/15/2017

Re: None

Wednesday, 09/16/2020 9:29:00 PM

Wednesday, September 16, 2020 9:29:00 PM

Post# of 5230
EV charging network ChargePoint nearing reverse merger to go public
Sep. 16, 2020 3:01 PM ETBlink Charging Co. (BLNK)By: Brandy Betz, SA News Editor5 Comments
Reuters sources say electric vehicle charging network ChargePoint is closing in on a deal to go public via reverse merger with Switchback Energy Acquisition (NYSE:SBE).
The deal, which might be announced as early as next week, could value ChargePoint at over $2B.
ChargePoint was valued at $1.37B during a private funding round last month, according to PitchBook data.
Talks are still ongoing and the details could change.
The Switchback Energy SPAC went public last year and raised $300M in the offering.
Publicly-traded EV charging company Blink Charging (NASDAQ:BLNK) is currently down 2% to $6.56.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BLNK News