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Below are the latest news stories about Pivotal Investment Corp II that investors may wish to consider to help them evaluate PIC as an investment opportunity.
XL Fleet, a Leader in Commercial Vehicle Electrification, and Pivotal Investment Corporation II Announce Closing of Merger; XL Fleet to Trade on NYSE as "XL"
XL Fleet (the "Company"), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that it has completed its previously announced merger with Pivotal Investment Corporation II (NYSE: PIC) ("Pivotal"), a publicly traded special purpose acquisition company. The transaction, which was approved by Pivotal’s stockholders at its annual meeting held on December 21, 2020, resulted in the combined company being renamed "XL Fleet Corp.", with its common stock and warrants to commence trading on the New York Stock Exchange at the opening of trading on December 22, 2020 under the ticker symbols "XL" and "XL WS", respectively.
XL Fleet Expands Electrification Solutions Portfolio to Ford F-550 Chassis to Meet Strong Customer Demand
XL Fleet (the "Company"), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that it has expanded its line of electrified powertrains to include a hybrid electric drive system for the Class 5 Ford F-550 Super Duty chassis. The new system was developed and brought to market within six months to meet a significant and growing commercial fleet demand for the electrified F-550 chassis, for applications including municipal transportation, utilities, construction equipment and customer service vehicles.
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XL Fleet (the "Company"), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that Essential Utilities, Inc. ("Essential") (NYSE: WTRG), one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands, is launching a pilot program to electrify its two most popular commercial GM vehicle platforms with the XLH™ hybrid electric drive system.
SPAC Pivotal Investment Corporation II (PIC) sets its Annual Meeting regarding the merger agreement with XL Fleet for December 21, 2020.Stockholders of record as of December 7 will be eligible to vote. Additionally, SEC has declared effective Pivotal's registration statement on Form S-4, which includes a definitive proxy statement/prospectus in...
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