Electric Last Mile Solutions, Inc.

Electric Last Mile Solutions, Inc. (ELMS) became a publicly traded company in June 2021 following the closing of its business combination with Forum Merger IV Corp, a blank-check company sponsored by Forum Merger IV LLC, an affiliate of Forum Capital Advisors. The SPAC completed its IPO in 2020 and targeted the commercial electric vehicle sector, ultimately merging with ELMS to list the combined company on the Nasdaq under the ticker ELMS. The company focused on light commercial electric vans for urban last-mile delivery markets. ELMS encountered serious operational and governance challenges post-merger and filed for Chapter 7 bankruptcy in June 2022, effectively ceasing operations. Sign up on SpacDesk for full filing history, sponsor profiles, and SPAC analytics across hundreds of transactions.