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Stock impact report

UPDATE 1-Electric car maker Fisker to go public through SPAC deal at $2.9 bln valuation [Reuters]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Reuters
EV maker Fisker to go public by merging with blank check firm at $2.9 billion valuation (Reuters) - Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a $2.9 billion valuation, the companies said on Monday. Reuters reported last week that the special purpose acquisition company, Spartan Energy Acquisition Corp ( SPAQ_u.N ), was leading a bidding war among blank-check companies for Fisker. The proceeds are expected to be used to bring the company’s first product, the Fisker Ocean, to production in late-2022. The deal mirrors that of peer Nikola Corp, which went public last month, as investors place bets on which startup will be the next Tesla Inc. Show less Read more
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