Electric Last Mile Solutions, Inc.

Electric Last Mile Solutions, Inc. (Nasdaq: ELMS), a commercial electric vehicle company focused on last-mile delivery, completed its SPAC merger with Forum Merger IV Corp — sponsored by Forum Capital Advisors — in January 2021, bringing the combined entity public in the commercial EV sector. The company's June 14, 2022 Form 8-K filing corresponded with the company's decision to file for Chapter 7 bankruptcy liquidation, marking one of the more prominent SPAC-backed EV collapses of the era. ELMS had previously disclosed an SEC investigation and experienced leadership departures prior to the wind-down. Visit SpacDesk and sign up for full filing history, sponsor profiles, and deal analytics on ELMS and hundreds of other SPAC transactions.