LOVELAND Although the prospect of raising $270 million in a
debut on the New York Stock Exchange would draw a company toward settling in a major metro area, Lightning eMotors CEO Tim Reeser said the company plans to stay put in Loveland for the next several years as it executes a billion-dollar growth plan.
Lightning Energy’s lineup of new chargers includes both AC and DC fast charge options, ranging from 7.2kW AC chargers to high-output 150kW DC fast chargers. Courtesy Lightning Systems.
SPAC vs. IPO
Lightning opted against the traditional initial public offering process in its plans to become publicly traded, instead choosing to merge with GigCapital3 Inc. (NYSE: GIK).
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