- June 12, 2021
- Posted by: Stratford Team
- Category: Business
BOSTON and BURLINGAME, Calif., June 11, 2021 /PRNewswire/ — ArcLight Clean Transition Corp. (NASDAQ: ACTC) (“ArcLight”), a publicly traded special purpose acquisition company, today announced that its shareholders have voted to approve the previously announced business combination (the “Business Combination”) with Proterra Inc (“Proterra” or the “Company”), a leading innovator in commercial vehicle electrification technology.
ArcLight Clean Transition Corp. Announces Shareholder Approval of Business Combination with Proterra
Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on June 14, 2021, after which Proterra’s common stock and warrants are expected to begin trading on Nasdaq on June 15, 2021 under the new ticker symbols “PTRA” and “PTRAW.”
ArcLight plans to file the meeting results of the extraordinary general meeting, as tabulated by an independent inspector of elections, on a Form 8-K…
