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SEC Charges Electric Vehicle Co. for Misleading Revenue Projections Ahead of SPAC Merger

Sep 29, 2023

The Securities and Exchange Commission today charged Denver-based Spruce Power Holding Corporation, the successor to XL Fleet Corp., for misleading investors about revenue projections that topped $1 billion within three years of going public. XL Fleet,…

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SEC Charges Electric Vehicle Co. for Misleading Revenue Projections Ahead of SPAC Merger

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