Skip to main content
spacbrain

Lightning eMotors

Closed (deSPAC)

Consumer Discretionary · commercial electric vehicle manufacturing

What it is
A private company in consumer discretionary preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with GigCapital3, Inc. (GIK) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Lightning eMotors expects to receive approximately $268 million in gross proceeds at the time of the Business Combination, which includes $125 ..." [https://www.gigcapitalglobal.com/listing/gigcapital3-stockholders-approve-business-combination-with-lightning-emotors/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The private investment in public equity deal will raise $125 million in proceeds, backed by the issue of equity and convertible securities." [https://www.benzinga.com/m-a/20/12/18746129/spac-surges-20-on-merger-deal-with-ev-company-lightning-emotors] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The business combination values Lightning eMotors at $650 million." [https://www.youtube.com/watch?v=Sbo23h3VPuw]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Lightning eMotors is merging with GigCapital3, Inc. (GIK) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $25M · unsourced

Structure per SEC accession(s) 0001193125-20-330647. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Lightning eMotors going public?

Lightning eMotors has an approved merger with the SPAC GigCapital3, Inc. (GIK). Deal status: Closed (deSPAC).

Does Lightning eMotors have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

Other consumer discretionary deals