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SPAC Climate Change Crises stock rockets after deal to take EVgo public – MarketWatch

Shares of Climate Change Crisis Real Impact I Acquisition Corp. undefined soared 48.3% in premarket trading Friday, after special purpose acquisition company…

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Shares of Climate Change Crisis Real Impact I Acquisition Corp.
CLII,
+55.92%
soared 48.3% in premarket trading Friday, after special purpose acquisition company (SPAC) announced a deal in which EVgo Services LLC will go public. EVgo, which boasts being the “nation’s largest electric vehicle (EV) public fast charging network,” said its expects $575 million in proceeds from the merger deal, values the combined company at $2.6 billion. After the deal closes, which is expected to occur in the second…

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