Ticker LaunchSPAC · Merger completed
Forum Merger III Corp
Business combination with Electric Last Mile, Inc.
Forum Merger III Corp is a blank-check company (SPAC) that raised $250M in its initial public offering on Aug 20, 2020. It completed its business combination with Electric Last Mile, Inc. on Jun 25, 2021; the combined company is Electric Last Mile Solutions, Inc. (ELMS). White & Case advised the SPAC and Skadden, Arps advised the underwriters on the IPO.
Electric Last Mile is an electric vehicle company focused on efficient and reliable last mile solutions. It expects to launch its Urban Delivery van as the first electric Class 1 commercial vehicle in the U.S. and agreed to combine with Forum Merger III Corporation.
- Status
- Merger completed
- IPO date
- Aug 20, 2020
- IPO size
- $250M
- Target
- Electric Last Mile, Inc.
- Announced
- Dec 11, 2020
- Closed
- Jun 25, 2021
- Combined company
- Electric Last Mile Solutions, Inc. (ELMS)
- SPAC counsel (IPO)
- White & Case
- Underwriters' counsel (IPO)
- Skadden, Arps
More on this SPAC for subscribers
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Aug 20, 2020
- Deal announcement (8-K) Dec 11, 2020
- Press release
- All filings on EDGAR CIK 1784168
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