Hyliion Holdings Corp.

Tortoise Acquisition Corp, which traded under the ticker SHLL, was a blank-check company sponsored by Tortoise Capital Advisors that completed its initial public offering in 2020. The vehicle targeted the electric vehicle sector, ultimately merging with Hyliion Holdings Corp., a developer of electrified powertrain systems for Class 8 commercial trucks. The transaction closed in October 2020, with the combined company subsequently trading under the ticker HYLN. Hyliion positioned itself as a provider of hybrid and fully electric drivetrain retrofits aimed at reducing emissions in long-haul freight. The SPAC is now closed following completion of the business combination. Sign up at SpacDesk for full deal timelines, filings, and sponsor data on this and hundreds of other SPAC transactions.

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