16:9: DOOH EV Charging Network Volta Does Special Purpose Merger; Hopes To Raise $600M
Volta Industries, which has a Digital OOH ad network built around electric vehicle charging stations, has announced plans for a merger with a special purpose acquisition company with hopes of generating $600 million for its network buildout. The overall value of the deal is estimated to be $1.4 billion. The deal comes just three weeks since Volta announced a $125M raise. […]
Mon, Feb 8, 2021 at 9:49 AM