Tortoise Acquisition (SHLL) Now Expected To Formalize Its Merger With Hyliion on the 28th of September

Tortoise Acquisition (SHLL) Now Expected To Formalize Its Merger With Hyliion on the 28th of September

4 years ago
Anonymous $rxtAWepgzY

https://wccftech.com/tortoise-acquisition-shll-now-expected-to-formalize-its-merger-with-hyliion-on-the-28th-of-september/

Tortoise Acquisition Corp. (NYSE:SHLL) – the SPAC slated to merge with Hyliion – has been a subject of intense investor frenzy for a while now. Today, the company has provided a fresh impetus to the bulls by revealing the date on which the much-anticipated merger will be approved by its shareholders.

As a refresher, Tortoise Acquisition and Hyliion – the company that designs and develops hybrid suspension systems and electrified powertrain solutions for Heavy Duty Class 8 trucks – had announced their plans to undergo a merger back in June 2020. The joint press statement at the time had revealed the following details regarding their merger agreement: