M&A
confidence high
sentiment neutral
materiality 0.80
LiveWire closes de-SPAC, issues 202M shares post-close, begins trading on NYSE Sep 27
LiveWire Group, Inc.
- 36.6M shares redeemed at ~$10.06, totaling ~$368M; remaining $34M trust funded Business Combination.
- 161M shares issued to H-D subsidiary at $10/share in exchange for Legacy LiveWire.
- PIPE Investments: KYMCO and H-D each invested $100M at $10/share; additional $100M backstop from H-D.
- 202,402,888 shares outstanding; warrants trade under LVWR WS.
- KYMCO to manufacture Slayer powertrains exclusively for 5 years, cost-plus pricing.