Harley-Davidson Inc. and AEA-Bridges Impact Corp. (ABIC), a special-purpose sustainability buyout company sponsored by AEA Investors and Bridges Fund Management, announced the completion of a previously announced business combination in which LiveWire EV LLC, the electric motorcycle division of Harley-Davidson, will merged with ABIC to create a new public company.

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The business combination was formally approved at ABIC’s extraordinary general meeting of shareholders on September 16, 2022. Upon completion of the business combination, the combined public company will operate as LiveWire Group Inc. and its common stock and warrants will begin trading on the New York Stock Exchange Stock Exchange (“NYSE”) under the symbols “LVWR” and “LVWR WS,” respectively, on September 27, 2022. The combination will make LiveWire the first and only electric vehicle (EV) motorcycle company in the United States. listed on the NYSE.

“This transaction represents an exciting and exciting milestone for LiveWire in its ambition to become the most desired electric motorcycle brand in the world,” said Jochen Seitz, chairman, president and CEO of Harley-Davidson and chairman and CEO of LiveWire. “We believe LiveWire is well-positioned to define the electric two-wheeler market, and we look forward to the future — in honor of our listing today, we’re excited to open reservations for the production version of the S2 Del Mar for the US market.”

On the 27th, LiveWire will open the NYSE to celebrate LiveWire’s public listing.

Infused with design, LiveWire turns everyday life into urban adventure and beyond. Creating the future for racers with a distinct look, sound and feel. LiveWire is leading the electrification of motorcycles through design, software and expertise. Drawing on 119 years of engineering and manufacturing heritage, but with the agility of an upstart, LiveWire is well positioned to define the future of two-wheeled electric vehicles.

https://www.motorcyclepowersportsnews.com/harley-davidson-livewire-aea-bridges-impact-corp-announce-closing-business-combination/

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