Einride aims to list on
Photo: Henrik Montgomery/TT

Einride aims to list on the New York Stock Exchange in June

The Swedish company Einride, which manufactures self-driving electric trucks, is aiming for a listing on the New York Stock Exchange in June, Dagens Industri reports.

The listing will take place via a so-called SPAC, a listed shell company that can be used to quickly list on the stock exchange. Now the owners of the SPAC Legato will give the go-ahead for the deal. An extraordinary general meeting will be held on June 4.

During the spring, Einride secured $113 million, equivalent to just over SEK 1 billion in new capital.

Einride has also lowered its valuation from $1.8 billion to $1.35 billion.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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