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Horizon Kinetics SPAC Active ETF - SPAQ STOCK NEWS

Welcome to our dedicated page for Horizon Kinetics SPAC Active ETF news (Ticker: SPAQ), a resource for investors and traders seeking the latest updates and insights on Horizon Kinetics SPAC Active ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Horizon Kinetics SPAC Active ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Horizon Kinetics SPAC Active ETF's position in the market.

Rhea-AI Summary

Allego Holding B.V. has announced a strategic partnership with Nissan to enhance Europe's electric vehicle charging infrastructure. This collaboration will cover 16 countries and over 600 locations, focused on installing and maintaining DC fast charging solutions with capacities of 50kW and 24kW. With the aim to support Nissan's electric mobility initiatives, this partnership solidifies Allego's position in the European charging market. The deal includes comprehensive services for charging point operations and maintenance at Nissan locations, contributing to the expansion of sustainable transport solutions.

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Rhea-AI Sentiment
End-of-Day
1.63%
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Rhea-AI Summary

Allego Holding B.V., a European EV charging network, announced that Jane F. Garvey will become Chairwoman of its Board of Directors after merging with Spartan Acquisition Corp. III (NYSE: SPAQ). Garvey, who has held key positions in U.S. transportation agencies, aims to strengthen Allego's leadership in the EV sector. Current Chairman Julien Touati of Meridiam will serve as Vice-Chair. The transition is seen as pivotal for Allego as it prepares for public operations and seeks to expand its network of over 26,000 charging stations across Europe.

Rhea-AI Impact
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-3.5%
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management
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Rhea-AI Summary

Allego Holding B.V. announced the establishment of a special purpose project finance vehicle for EV charging infrastructure in partnership with Meridiam, closing an investment of approximately €138 million. This initiative will develop over 2,000 fast and ultra-fast EV charge points at Carrefour locations across France by 2023, enhancing the country's electromobility goals. The project, powered entirely by green energy, offers various charging services and has received financial backing from seven European banks, achieving the Green Loan label.

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Allego Holding B.V. is expanding its partnership with REWE Nord to build hundreds of electric vehicle (EV) charging locations in Germany, following their initial collaboration in 2018. The companies plan to have 100 new fast charging stations operational by the end of 2022, utilizing 150 kW Hypercharger technology. All installations will utilize renewable energy sources to minimize environmental impact. This move supports Allego’s goal of enhancing EV infrastructure amid increasing demand from retail shoppers. Forward-looking statements indicate potential risks tied to market conditions and operational timelines.

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Allego Holding B.V. is expanding its partnership with Van der Valk VDC to install fast charging facilities in over 50 hotels across the Netherlands and Belgium. This initiative will feature at least 60 ultra-fast chargers (150kW to 300kW) and 60 fast chargers (50kW). Expansion will begin at the Van der Valk Cuijck hotel in Q4 2021, with full rollout expected within two years. Allego aims to enhance EV charging access and convenience in Europe, supporting its growth as a charging solutions leader. Allego currently operates more than 26,000 charge points across the continent.

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Allego Holding B.V., a key player in Europe's electric vehicle (EV) charging market, announced its proposed business combination with Apollo-affiliated Spartan Acquisition Corp. III (NYSE: SPAQ). A registration statement was filed with the SEC on September 30, 2021, providing a proxy statement/prospectus for this transaction. Upon completion, Athena Pubco anticipates $702 million in gross proceeds, primarily from a PIPE offering and cash held in trust. Allego aims to enhance its EV charging network, having deployed over 26,000 charging ports across 12 countries.

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Rhea-AI Sentiment
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1.57%
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Rhea-AI Summary

Casino Group and Meridiam, through their subsidiaries GreenYellow and Allego, have commissioned the first terminals of a significant network of fast and ultra-fast electric vehicle charging stations in France. The project will install over 250 stations, including 74 expected to be operational by the end of 2021. Presently, 36 stations are already active. Allego, responsible for installation and operation, will provide diverse charging speeds, enhancing access to electric mobility.

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Rhea-AI Summary

Fisker (NYSE: FSR) has announced a $10 million PIPE investment to support the merger of European EV charging network Allego B.V. with Spartan Acquisition Corp. III (NYSE: SPAQ). As the sole EV automaker in the PIPE, Fisker aims to enhance its charging services for customers in Europe. The partnership includes a promotion for Fisker Ocean SUV buyers, offering one year of free charging via Allego's network. Allego, operational in 12 European countries, boasts over 26,000 charging ports, showing a commitment to expanding its EV infrastructure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
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partnership
Rhea-AI Summary

Allego, a leading European EV charging network, announced a business combination with Spartan Acquisition Corp. III (NYSE: SPAQ), valuing Allego at $3.14 billion. The merger will provide approximately $702 million in gross proceeds for expanding Allego's charging infrastructure. Allego operates over 26,000 charging ports across 12 European countries and expects significant growth in the EV market, projecting nearly 20 million EVs in Europe by 2025. The deal is set to close in Q4 2021, pending stockholder approval.

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FAQ

What is the current stock price of Horizon Kinetics SPAC Active ETF (SPAQ)?

The current stock price of Horizon Kinetics SPAC Active ETF (SPAQ) is $98.2315 as of April 16, 2024.

Horizon Kinetics SPAC Active ETF

NYSE:SPAQ

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