$PIC News
Last published 5y ago
- 5y agoXLPICWolf Popper LLP Announces Investigation on Behalf of Investors in XL Fleet Corp.PR NewswireWolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of XL Fleet Corp. common stock (NYSE: XL). In September...
- 5y agoPICXL Fleet, a Leader in Commercial Vehicle Electrification, and Pivotal Investment Corporation II Announce Closing of Merger; XL Fleet to Trade on NYSE as “XL”Business WireBOSTON & NEW YORK--(BUSINESS WIRE)--XL Fleet (the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that it has completed its previously announced merger with Pivotal Investment Corporation II (NYSE: PIC) (“Pivotal”), a publicly traded special purpose acquisition company. The transaction, which was approved by Pivotal’s stockholders at i ...
- 5y agoPICXL Fleet Expands Electrification Solutions Portfolio to Ford F-550 Chassis to Meet Strong Customer DemandBusiness WireBOSTON--(BUSINESS WIRE)--XL Fleet (the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that it has expanded its line of electrified powertrains to include a hybrid electric drive system for the Class 5 Ford F-550 Super Duty chassis. The new system was developed and brought to market within six months to meet a significant and growing c ...
- 5y agoWTRGPICXL Fleet Launches Pilot Program with Essential Utilities, Inc. to Electrify its Utility FleetBusiness WireBOSTON--(BUSINESS WIRE)--XL Fleet (the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that Essential Utilities, Inc. (“Essential”) (NYSE: WTRG), one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands, is launc ...
- 5y agoPICPivotal Announces Effectiveness of Registration Statement and Annual Meeting of Stockholders to Approve Proposed Merger With XL Fleet to Be Held December 21, 2020Business WireNEW YORK--(BUSINESS WIRE)--Pivotal Investment Corporation II (NYSE:PIC) (“Pivotal”), a publicly traded special purpose acquisition company, today announced that its annual meeting of stockholders (the “Annual Meeting”) to consider the previously announced merger agreement with XL Fleet has been set for December 21, 2020. Stockholders of record as of December 7, 2020 (the “Record Date”) will be eli ...
- 5y agoPICXL Fleet Launches its XL Grid Division with Charging Infrastructure SolutionsBusiness WireBOSTON--(BUSINESS WIRE)--XL Fleet (the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that it has entered into a partnership with a commercial EVSE (electric vehicle supply equipment) supplier to begin the launch of its XL Grid division. XL Grid will provide charging infrastructure, energy storage and power solutions for electrified f ...
- 5y agoPICXL Fleet Expects its Largest Partner to Double Orders in 2021Business WireBOSTON--(BUSINESS WIRE)--XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that Farmbro Inc. (“Farmbro”), an Ontario-based upfitting solutions service provider specializing in commercial and work vehicles, expects to double its sales volume from approximately 1,000 XL unit installations in 2020 to over 2,000 in 2021 ...
- 5y agoGMPICXL Fleet Expands XLP™ Plug-in Hybrid Electric Drive System For Use in Multiple GM Fleet ApplicationsBusiness WireBOSTON--(BUSINESS WIRE)--XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, has announced that the Company’s XLP™ plug-in hybrid electric drive technology is being expanded for use across a range of fleet vehicles from General Motors (NYSE: GM). The platform is expected to begin shipping on select configurations of the Chevrolet and ...
- 5y agoRIDEBLNKRMGPIC+2IPO Edge to Host Electric Vehicle Investment Forum on November 16Business WireNEW YORK--(BUSINESS WIRE)--With California eliminating sales of gas-powered vehicles by 2035, broad-based electrification is imminent. And now, a transition to Democratic control of the federal government could accelerate green technology adoption even further. In the marketplace, there are now many ways to invest in electric vehicles and related technologies, with several major companies listing ...
- 6y agoPICXL Fleet Generates Record Third Quarter 2020 RevenueBusiness WireBOSTON--(BUSINESS WIRE)--XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that its revenue for the third quarter of 2020 was the highest for a single quarter in the Company’s history.
- 6y agoPICXL Fleet and Pivotal Investment Corporation II to Participate in SPACInsider Webinar on October 26 at 2pm ETBusiness WireNEW YORK--(BUSINESS WIRE)--XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC) (“Pivotal”), a publicly traded special purpose acquisition company, today announced that the two companies will participate in a webinar hosted by SPACInsider on Monday, October 26, 2020 at 2:00 pm ET to di ...
- 6y agoPICXL Fleet, a Commercial Vehicle Electrification Solutions Leader, to List on NYSE Through Merger With Pivotal Investment Corporation IIBusiness WireBOSTON & NEW YORK--(BUSINESS WIRE)--XL Fleet (“XL” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC) (“Pivotal”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement. Upon closing, the combined company will be named XL Fl ...
- 7y agoPICPivotal Investment Corporation II Announces Closing of $230 Million Initial Public OfferingBusiness WireNEW YORK--(BUSINESS WIRE)--Pivotal Investment Corporation II (NYSE: PIC.U) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the full 3,000,000 units subject to the underwriters’ over-allotment option, at $10.00 per unit. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.
- 7y agoPICPivotal Investment Corporation II Announces Pricing of $200 Million Initial Public OfferingBusiness WireNEW YORK--(BUSINESS WIRE)--Pivotal Investment Corporation II (NYSE: PIC.U) (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will commence trading July 12, 2019 on the NYSE under the symbol “PIC.U”. Each unit consists of one share of the Company’s Class A common stock, $0.0001 par value per share (“Class A Common Stock”), a ...