Dallas SPAC successfully merges with Bird, taking the electric scooter company public

A Dallas-based blank-check company successfully completed its merger with electric scooter company Bird, 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 Bird. Switchback…


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