Bird goes public via reverse merger with SPAC

A Dallas-based blank-check company successfully completed its merger with electric scooter company Bird Rides Inc., which listed on the New York Stock Exchange Thursday.

Switchback II Corp., led by former oil and gas executives, raised $300 million in an IPO in January to target a company in energy transition or sustainability “in order to meet critical emission reduction objectives.” The special purpose acquisition company, or SPAC, announced in May it had struck a deal with Santa Monica-based…


more energy news

Send Us A Message