Electric scooter startup Bird to go public in £1.6bn SPAC deal
Bird Rides announced a merger with Switchback II Corp, a blank-cheque company, to go public in a deal that values the electric scooter company at £1.6bn. SPACs are listed companies that use the proceeds from an IPO to buy a private firm and take it public. Read more: E-scooter firm…
bubmagMay 12, 2021