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SP
Horizon Kinetics SPAC Active ETF
SPAQ
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6
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SP
SPAQ
SP
Horizon Kinetics SPAC Active ETF
SPAQ
News
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European EV Charging Company Allego Announces SPAC Deal: What Investors Should Know
AUM
N/A
Volume
6
Yield
16.27%
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European EV Charging Company Allego Announces SPAC Deal: What Investors Should Know
A leading Pan-European charging company for electric vehicles announced a SPAC deal Wednesday with plans to continue expansion in the fast-growing market. The SPAC Deal: Allego announced a SPAC deal with Spartan Acquisition III Corp (NYSE: SPAQ). The deal values the company at an enterprise value of $2.65 billion. A PIPE of $150 million includes investments from Hedosophia and Fisker Inc (NYSE: FSR). The company will trade on the NYSE under the symbol "ALLG" after the merger. Public SPAQ shareholders will own 18% of the company after the merger. About Allego: With more than 26,000 public charging ports in over 12,000 locations in 12 European countries, Allego is a leader in the market. The company currently totals 733 fast chargers and 54 ultra-fast chargers, ranking the company as the leader in fast chargers in Europe, according to the presentation. The company offers public ...
Benzinga · Jul 28, 2021
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SPAQ
Horizon Kinetics SPAC Active ETF
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Earnings
Dividends
Last · Dec 23
Annual
Amount
$15.13
Yield
16.27%
Annual
$15.13