Proterra Inc

Proterra Inc (PTRA) reached public markets through a merger with ArcLight Clean Transition Corp, a blank-check company sponsored by ArcLight Capital Partners that completed its IPO in 2020 targeting the electric vehicle and clean transportation sector. The business combination closed in June 2021, listing Proterra's electric bus manufacturing and EV drivetrain technology platform on Nasdaq under the ticker PTRA. The company subsequently encountered severe financial pressure and filed for Chapter 11 bankruptcy protection in August 2023. This November 2020 10-Q filing reflects the SPAC's early reporting period as a shell entity prior to identifying and announcing its merger target. Sign up at SpacDesk for full historical filings, deal timelines, and data across the SPAC universe.