Switchback is a special purpose acquisition company, or a SPAC, which is a different route to take a company public. At the proposed deal size, Switchback II Corp. would command a market value of $313 million. But Pounce on the Lucid Motors Merger, CCIV Stock: Comparing Lucid Motors to Tesla as ‘Merger Monday’ Hopes Soar, Top SPAC Merger News This Week: Lucid Motors, EVgo, Joby Aviation and 7 More Hot SPACs, 7 Best Penny Stocks to Buy Early Into 2021, How the Internet Sent GameStop Stock Up 1,000% — And Where It’s Going Next. These symbols will be available throughout the site during your session. Create your Watchlist to save your favorite quotes on Nasdaq.com. McNeill previously served as the CFO of RSP Permian, through its acquisition by Concho Resources, and Mutrie most recently served as VP and General Counsel of RSP. Switchback Energy Acquisition Corp. Cl A. Switchback Energy Acquisition Corp. is a blank check company, which operates as an emerging growth company. In this case the new company is ChargePoint. 1125 N. Charles St, Baltimore, MD 21201. © 2021, Nasdaq, Inc. All Rights Reserved. Switchback Energy has said that investments in EV charging station infrastructure in the U.S. and throughout Europe are projected to be about $60 billion in 2030 and close to $100 billion by 2040. These deals demonstrate the ways in which ChargePoint is thinking outside the box and innovating to help advance the worldwide electric-vehicle revolution. And ChargePoint has forecast that its 2019 revenue of $145 million will swell to more than $2 billion by 2026. Nintendo Switch 4x sans frais : avec Cultura, achetez au meilleur prix votre Nintendo Switch. Rings the Nasdaq Stock Market Opening Bell in Celebration of its IPO, US IPO Week Ahead: Foreign issuers dominate a 4 IPO week, Cancer biotech Immunocore files for a $100 million US IPO, Home healthcare equipment provider Apria files for an estimated $800 million IPO, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? The pair's previous SPAC, Switchback Energy Acquisition (SBE), went public in July 2019 and is currently pending a combination with electric vehicle charging network ChargePoint. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Switchback Energy Acquisition Corporation is a SPAC that does not have significant operations. The volatile stock is currently trading around … Why Switchback Energy Acquisition Jumped 154% in November A big merger for this energy sector-focused SPAC is expected to close by the end of the year. When the merger is final, the new company will be known as ChargePoint Holdings. Energy technology SPAC Switchback II Corp. files for a $250 million IPO, Palantir’s Covid-19 Contract With US Government Under Threat – Report, Weekly Preview: Earnings To Watch This Week (IBM, INTC, NFLX, UAL), What To Do if You Haven't Received Your $600 Stimulus Check, Driven Brands Holdings Inc. Switchback plans to close on its merger with ChargePoint in early 2021, and investors have been driving up shares of the SPAC in anticipation. Additional info below. It’s owned by a private investment fund advised by NGP Energy Capital Management, as well as former RSP Permian executives Scott McNeill, Jim Mutrie, and Josh Rosinski. Since that time, the stock's … These include lining up reseller agreements in neighboring Canada and beyond,  striking a deal with Swedish automotive giant Volvo (STO:VOLV-B) to provide customers of Volvo with ChargePoint’s home-electric vehicle charging system, and partnering with Apple (NASDAQ:APPL) on an innovative way for electric-vehicle owners to recharge their car, truck or SUV from ChargePoint stations using the Apple CarPlay app. Increase electric-vehicle adoption around the world get onto the Electric vehicle bandwagon vous allez adorer notre page dédiée à Nintento! Indication that the shares will rise further once ChargePoint ’ s stock market debut before SPAC! De la Switch, vous allez adorer notre page dédiée à la Switch! 1125 N. Charles St, Baltimore, MD 21201, Nasdaq, Inc. 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