is serving as legal advisor to Tortoise Acquisition Corp. Hyliion and Tortoise Acquisition Corp. will host a joint investor conference call to discuss the proposed transaction today, Friday, June 19, 2020 at 8:30 am ET. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. If you experience any issues with this process, please contact us for further assistance. Investor Conference Call Information Hyliion and Tortoise Acquisition Corp. will host a joint investor conference call to discuss the proposed transaction today, Friday, June 19, 2020 at 8:30 am ET. You must click the activation link in order to complete your subscription. The retail investor frenzy that propelled Tesla Inc. to a $380 billion valuation this year — and valued Nikola at $29 billion — has boosted Tortoise and Hyliion too. I think, this is a pretty big news as Hyliion pitches the new ERX with RNG. After Hyliion and Tortoise Acquisition merge, the new company will be called Hyliion … The investor presentation states that "MagP has constructed and installed 20+ solar plants around the world, performing daily tracker performance monitoring with 98% up-time over the past 10-years". As of writing SHLL is up 14.17% for the day and is currently priced at $50.90. Upon the closing of the transaction, the combined entity will be named Hyliion Holdings Corp. and remain on the New York Stock Exchange (NYSE) under the new ticker symbol “HYLN.”. Arrival's stock forecast depends on how soon and how well it's able to deliver on its stated promises and the estimates it made in its investor presentation.The presentation … Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in Tortoise Acquisition Corp.’s periodic filings with the Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2019. 0 % Equity Consideration to Existing Hyliion Shareholders $ 1 ,000 6 4 .1 % Cash to Sellers - - Cash to Balance Sheet 520 33 . Investors are missing the forest for the trees here with Hyliion. The SPAC team that brought Hyliion Holdings Corp (NYSE: HYLN) public announced its second SPAC merger Monday.. EX-99.3 9 ea123187ex99-3_tortoiseacq.htm INVESTOR PRESENTATION Exhibit 99.3 ... 4% Private Placement Investors - 20% Existing Hyliion Shareholders - 62% COMMENTARY Total Sources $ 1 ,56 0 100 . The old adage goes “in like a lion, out like a lamb.” For Hyliion (NYSE: HYLN), it sure seems that way.Earlier this summer, HYLN stock roared up to $59 per share for a … Today, Hyliion is an industry leader in Class 8 electrification with a growing team of talented engineers and visionaries and a robust network of strategic industry partnerships. Hyliion evolved out of a passion for horsepower. The Investor Presentation has been prepared to assist investors in making their own evaluation with respect to the proposed business combination, as contemplated in the definitive Business Combination Agreement entered into by DEAC, DraftKings and SBT, and for no other purpose. Hyliion is still small. The Problem: The trucking industry is essential to the movement of goods and services from our port terminal infrastructure and warehouses across this country. That begins with an initial public offering and can extend to raising more money through the sale of discounted shares, such as the $325 million raised for Hyliion. 3ur irupd htxlw\ rzqhuvkls 6rxufhv 9hfwr,4 6kduhv (vwlpdwhg &dvk +hog lq 7uxvw (vwlpdwhg &dvk &rqwulexwhg iurp %dodqfh 6khhw 3urfhhgv iurp 3,3( 7rwdo 6rxufhv All existing shareholders and investors will continue to hold their equity ownership, including Dana, Sensata Technologies, Sumitomo Corporation of Americas, Axioma Ventures, FJ Management, New Era Capital Partners, Colle Capital Partners and others. And you’re likely interested in the following information… Hyliion IPO: Merger Details. Additionally, Tortoise Acquisition Corp. will file other relevant materials with the SEC in connection with the business combination. However, … Information concerning the interests of Tortoise Acquisition’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement relating to the business combination when it becomes available. MEDIA CONTACT For Hyliion: Danielle South danielle@redfancommunications.com 512-662-7078, For Tortoise Acquisition Corp.: Deborah Kostroun deborah@zitopartners.com 201-403-8185, FOR INVESTORS Stephen Pang Tortoise Acquisition Corp. SPang@tortoiseadvisors.com, https://www.hyliion.com/wp-content/uploads/2020/06/Tortoise_Pre-Record_061920.wav. These funds will be used to accelerate product commercialization, product production, operational growth and for general corporate purposes. HYLIION (HYLN) NET CARBON NEGATIVE HYBRID SOLUTION IS LOOKING TO SOLVE THE WORLD'S #1 POLLUTION PROBLEM; TRUCKING. Healy will continue as CEO of the combined company, overseeing the implementation of Hyliion’s corporate strategy. If you’re interested in investing in Hyliion stock, you can find the company’s investor presentation here. Tortoise’s expertise spans across the entire energy and infrastructure value chain. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The pro forma implied market capitalization of the combined company is over $1.5 billion, at the $10.00 per share PIPE subscription price and assuming no public shareholders of Tortoise Acquisition Corp. exercise their redemption rights. Except as otherwise required by applicable law, Tortoise Acquisition Corp. and Hyliion disclaim any duty to update any forward looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Headquartered in Austin, Texas, Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of commercial transportation Class 8 vehicles by being the leading provider of electrified powertrain solutions. Source Investor Presentation. You can sign up for additional alert options at any time. Tortoise Acquisition Corp.’s SEC filings are available publicly on the SEC’s website at www.sec.gov. The boards of directors of both Tortoise Acquisition Corp. and Hyliion unanimously approved the transaction. As a mechanical engineer and motorsports racer, founder and CEO Thomas Healy set out to bring the advantages of hybrid technology to tractor trailers.

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