Ledecky

XL Fleet and Pivotal Investment Corporation II to Participate in SPACInsider Webinar on October 26 at 2pm ET

Retrieved on: 
Monday, October 26, 2020
General Automotive, Fleet management, Automotive, Alternative Vehicles, Fuels, Ledecky, XL Fleet, Pivotal Investment Corporation II

On September 18, 2020, XL and Pivotal announced that they have entered into a definitive merger agreement.

Key Points: 
  • On September 18, 2020, XL and Pivotal announced that they have entered into a definitive merger agreement.
  • Pivotal is led by Chairman and CEO Jon Ledecky, a seasoned businessman with over 35 years of investment and operational experience.
  • Additionally, Kevin Griffin, the Chief Executive Officer and Chief Investment Officer of MGG Investment Group, LP, serves as a Pivotal director and CEO of Pivotal Spac Funding II LLC, Pivotals sponsor.
  • These forward-looking statements are expressed in good faith, and Pivotal and XL believe there is a reasonable basis for them.