# Canoo to go public via merger with Hennessy Capital Acquisition Corp IV

Canoo Holdings Ltd. and Hennessy Capital Acquisition Corp. IV announced a definitive merger agreement. The transaction will provide approximately $600 million in gross proceeds and Canoo will list on Nasdaq under ticker CNOO.

- Type: Acquisition
- Announced: 2020-08-18
- Where: United States
- Value: $600.0M
- Status: announced
- Products: electric vehicles, skateboard platform
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Canoo Holdings Ltd.](https://endata.com/companies/49196.md) (target)
- [Hennessy Capital Acquisition Corp. IV](https://endata.com/companies/49197.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/electric-vehicle-company-canoo-to-list-on-nasdaq-through-merger-with-hennessy-capital-acquisition-corp-iv-301113866.html), 2020-08-18: "Canoo Holdings Ltd. and Hennessy Capital Acquisition Corp. IV today announced they have entered into a definitive agreement for a business combination that would result in Canoo becoming a publicly listed company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.