Page 2 - Scape Corp News Today

Seyfarth Synopsis: Special Purpose Acquisition Company (“SPAC”) transactions have dramatically increased since the start of 2020, bringing with them risk of securities litigation. 2020 has been characterized as the “Year of the SPAC,” and there is no doubt that SPAC transactions are on the rise.[1] One industry tracker reports that in 2020 there were 248 SPAC initial public offerings (“IPOs”) raising over $83 billion (as compared to 59 SPAC IPOs raising approximately $13.6 billion i...

Fords battery bet says automotive testing will start in 2022 Gabrielle Coppola and David Stringer, Bloomberg News David Burrows discusses General Motors and Ford VIDEO SIGN OUT Solid Power, a battery startup backed by Ford Motor Co., said it’s on track to begin testing solid-state batteries for automotive production in early 2022, a signal it eventually could help established car companies compete with Tesla Inc. The startup, which was spun out of the University of Colorado in 2014...