HomeEconomyShares in Harley's EV unit LiveWire debut after $1.8 billion SPAC merger Economy Shares in Harley's EV unit LiveWire debut after $1.8 billion SPAC merger By inew September 27, 2022 0 130 views Share FacebookTwitterPinterestWhatsApp HOG +1.% Add to Watchlist/Remove from Watchlist Add to watchlist Add Location Job added successfully: Please name you Portfolio of assets type: purchase Sell date: quantity: price Point value: Leverage: 1:1 by Bianca Flowers (Reuters) – Harley-Davidson Corp spun off its electric motorcycle unit LiveWire on Tuesday, in a SPAC deal Created the first publicly traded electric motorcycle company in the United States. New shares of LiveWire Group Inc, Harley-Davidson (NYSE: Pig)’s former electric motorcycle The company, which rose 1.5% on Tuesday after its U.S. debut. Merged with a blank check company. Last year, the electric vehicle division agreed to a partnership with special purpose acquisition company (SPAC) AEA-Bridges Impact Corp. Merge AEA-Bridges shareholders approved the merger last week, despite growing investor caution over blank-check companies with a record number of SPAC liquidations 11 at the rate surge and market volatility. The acquisition was originally scheduled to close in the first half of this year. Harley released its first electric motorcycle on the LiveWire before deciding to relaunch the bike as its own sub-brand. Looking to make up for lost market share as its core baby boomer customer base ages and interest in motorcycles fades, the Milwaukee-based company is looking to compete with other electric motorcycle makers More competitive. LiveWire has an EV bike model starting at $,100 and another $,11. Harley-Davidson will hold a majority stake in LiveWire 11% shares. Share FacebookTwitterPinterestWhatsApp Previous articleBrazil's central bank says final rate hike sparks widespread debateNext articleThis Week in Anime – Is Fuuto PI Accessible to Kamen Rider Newcomers? inewhttps://inew.news RELATED ARTICLES Economy Biden administration’s $6 billion student loan forgiveness faces controversy September 22, 2023 Economy Japan’s Aug inflation stays above BOJ target for 17th month September 22, 2023 Economy Bank of America Forecasts Optimistic Outlook for 2023 Amid Robust Consumer Spending September 21, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS ‘No One Will Save You’ Review: Kaitlyn Dever Gives a Virtuoso Turn in Intense Alien Home Invasion Thriller September 22, 2023 What we learned in MLB this week: Mariners, Rangers aren’t conceding AL West to Astros September 22, 2023 Q&A: What to Know About the New BA 2.86 COVID Variant September 22, 2023 Yankees welcome D-backs to continue homestand September 22, 2023 Load more Featured NEWS Live Adult Webcams December 18, 2022 Why Is Bitcoin Price Up Today? BTC Climbs Above $27,000 September 18, 2023 This '90s-Inspired Layered Shirt Trick Is Back And Better Than Ever January 28, 2023 LA's trendy moms come out to celebrate the Louis Vuitton Baby launch April 12, 2023 Load more
