Proterra Inc

ArcLight Clean Transition Corp (Nasdaq: ACTC), a blank-check company sponsored by ArcLight Capital Partners, completed its business combination with Proterra Inc. in June 2021, with the 8-K filing dated June 17, 2021 marking a key disclosure milestone in that closing process. The SPAC raised capital in its 2020 IPO and targeted the clean energy and transportation sector, ultimately bringing Proterra — a manufacturer of electric transit buses and battery systems — to the public markets under the ticker PTRA. Proterra subsequently filed for Chapter 11 bankruptcy protection in August 2023. Sign up for SpacDesk to access the full filing history, deal timeline, and sponsor data for ACTC and hundreds of other SPACs.