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EV Maker Fisker To Make NYSE Trading Debut Today After SPAC Merger

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Electric vehicle maker Fisker Inc announced Thursday it has completed a reverse merger with the blank check company Spartan Energy Acquisition Corp SPAQ 0.11%. What Happened: Both companies will merge in a business combination to create a new entity whose Class A common stock will list on the New York Stock Exchange under the symbol “FSR.” Through the reverse merger, Fisker

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Bankrupt car rental company Hertz secures $1.65 bln DIP financing

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Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has secured commitments for debtor-in-possession (“DIP”) financing totaling $1.65 billion and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. Hertz President and CEO Paul Stone said, “This new financing will provide additional financial flexibility as we continue to navigate the

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AFD UNVEILS ITS NEW SDG BOND FRAMEWORK

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This new SDG Bond Framework represents for AFD a decisive step in order to take into account the targets of the UN 2030 Agenda within the projects it finances and through the dialogue with its counterparties. The eligibility of the loans to these sustainable bonds will depend on their direct contribution to the SDGs.

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Elliptic Laboratories has been admitted to trading

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 The smart sensor company Elliptic Labs has today been admitted to trading on Merkur Market (ticker code: ELABS-ME). Elliptic Labs creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 100 million devices. Recently, the company raised NOK 125 million through a private placement. The placement attracted very strong interest from Norwegian and international investors, and was significantly oversubscribed, reported the company.

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