Ticker LaunchReverse merger · Completed · AZIO
Envirotech Drive Systems, Inc.
Reverse merger with ADOMANI, Inc. (ADOM)
Envirotech Drive Systems, Inc. merged into ADOMANI, Inc. (ADOM), a OTCQB-listed provider of zero-emission electric vehicles and drivetrain solutions, in a reverse merger that takes the private company public. The deal was announced on Feb 16, 2021 and closed on Mar 16, 2021. The combined company trades as Envirotech Vehicles, Inc. (AZIO) on Nasdaq.
Envirotech Vehicles (now AZIO AI Holdings) makes purpose-built all-electric, zero-emission Class 3 to 6 commercial vehicles and drivetrain systems, a business that came from Envirotech Drive Systems in the March 2021 merger with ADOMANI.
- Status
- Completed
- Private company
- Envirotech Drive Systems, Inc.
- Public company
- ADOMANI, Inc. (ADOM)
- Public company business before
- OTCQB-listed provider of zero-emission electric vehicles and drivetrain solutions
- Announced
- Feb 16, 2021
- Closed
- Mar 16, 2021
- Combined company
- Envirotech Vehicles, Inc. (AZIO)
- Exchange
- Nasdaq
- Sector
- Industrials
More on this deal for subscribers
- Ownership split between private and public holders
- Analyst notes from the filings
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Filings
- Closing 8-K Mar 22, 2021
- Closing press release
- All filings on EDGAR CIK 1563568
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