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Press Release
Luis Ybarra Jr, a Colorado Springs home town hero and a 2019 Widefield High School Graduate wins his Pro-debut fight.
Luisjoe’s opponent failed to come out of his corner, after being dropped by relentless body shots in the middle of the second round.
Big Congratulations to Luisjoe. Luis will continue to workout hard in the PRO GYM at the Ybarra's Boxing Club in Widefield.
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Terry LaMantia joins Melody Living Senior Living as the new Executive Director. In his role, Terry will support and oversee the assisted living and memory care community’s internal operations, resident programs, and assist with strategic community outreach and partnerships while also guiding the opening of the new independent living neighborhood.
With a strong passion for supporting the senior population, Terry has nearly three decades of experience. Prior to his role with Melody Living, Terry was the Administrator at Sava. Terry has a Master of Business Administration from Northwest Nazarene University and a Bachelor of Science in Psychology from Bringham Young University. Terry also has served on the Board of Directors for the Alzheimer’s Association Memory Walk, American Cancer Society Relay for Life, Community Board of Guardians, Community Medical Ethics Board, and Meals on Wheels.
To learn more about Melody Living's assisted living and memory care community in Colorado Springs, visit www.melodylivingcos.com or call 719.960.4005.
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Press Release
American Superior Contracting is now open for business in Colorado Springs and surrounding area.
American Superior Contracting is a local, family run business. We specialize in carpentry and remodeling. Estimates are free and we are both licensed and insured.
We offer competitive pricing and a personal approach. Whether you need painting, interior remodeling, exterior additions like garages, sheds, decks, fencing and more, give us a call at 719-205-8056. We'd love to help.
Find us on Google, Facebook, and Instagram. And visit our website at www.americansuperiorgc.com
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December 10, 2020 04:05 PM Eastern Standard Time
LOVELAND, Colo.--(BUSINESS WIRE)--Lightning eMotors (“Lightning eMotors” or the “Company”), a leading provider of complete electrification solutions for commercial fleets, and GigCapital3, Inc. (“GIK” or “GigCapital3”) (NYSE: GIK), a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, today announced they have entered into a definitive agreement for a business combination that will result in Lightning eMotors becoming a publicly listed company. Upon closing of the transaction, the combined operating company will be named Lightning eMotors, Inc. and will be listed on the New York Stock Exchange under the ticker symbol ZEV.
“GigCapital3 is thrilled to partner with Lightning eMotors, using our Private-to-Public Equity (PPE)™ platform, where GigCapital3 brings its management’s well-recognized and decades-long technology public-market operational and entrepreneurial expertise to enable the successful transition of a high-growth EV company like Lightning eMotors to a publicly traded entity”
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Lightning eMotors is a high-growth electric vehicle manufacturer focused on urban commercial zero-emission vehicles. Lightning eMotors is the only operator with a full range of Class 3-7 battery-electric and fuel cell electric vehicles in production today, addressing the large and growing fleet electrification market. The Company’s unique modular architecture, software-enabled platform, and integration capabilities provide a scalable, cost-effective solution to a highly segmented and customized market. Lightning eMotors’ complete electrification solutions cover medium- and heavy-duty vocational vehicles including ambulances, delivery trucks, bucket trucks, food trucks, school buses and coach buses, among others. Lightning eMotors’ significant time-to-market advantages over competitors have enabled the Company to capture a diverse base of blue-chip fleet customers, including Fluid Trucks, ABC Companies, ACE Parking and California State Hospitals. Currently, Lightning eMotors has a contracted order backlog of approximately 1,500 vehicles for delivery in 2021 and 2022, including the world’s first fuel cell electric Class 6 truck. Lightning eMotors has the country’s largest commercial zero-emission fleet vehicle manufacturing facility in the U.S. with annual production capacity of 1,000 vehicles today and expanding to 3,000 in 2021 and over 20,000 by 2025.
Lightning eMotors’ co-founder and chief executive officer Mr. Tim Reeser said, “Today marks an important step forward in Lightning eMotors’ mission to lead the commercial medium-duty zero-emission vehicle market. Over the last 12 years, Lightning eMotors has built its modular hardware and software platform, partnering with fleets all over the U.S. to develop best-in-class zero-emission battery-electric and fuel cell electric commercial solutions. With an estimated worldwide annual total addressable market opportunity of $67 billion for Class 3-7 vehicles, we see tremendous demand from fleets to transition their commercial vehicles from internal combustion engines to zero-emission solutions at an attractive total cost of ownership, even without state and federal grants. With municipal regulations creating zero-emission zones in 30-plus cities worldwide and corporate mandates for zero emissions at many of the largest fleet operators in the world, Lightning eMotors is poised to capitalize on the regulatory and social shift to environmentally friendly commercial vehicles. We are excited to partner with GigCapital3 and leverage their extensive entrepreneurial, operational, and capital markets expertise, as we scale the business as a public company. The capital raised in this transaction will enable Lightning eMotors to accelerate its growth plans and fulfill significant demand from our customers, including some of the most recognizable transportation, public safety, and e-commerce companies in the United States.”
“GigCapital3 is thrilled to partner with Lightning eMotors, using our Private-to-Public Equity (PPE)™ platform, where GigCapital3 brings its management’s well-recognized and decades-long technology public-market operational and entrepreneurial expertise to enable the successful transition of a high-growth EV company like Lightning eMotors to a publicly traded entity,” said Dr. Raluca Dinu, founding managing partner of GigCapital Global and board member of GigCapital3. "Tim and his exceptional management team have successfully built out a proprietary, cost-efficient modular architecture, which is scalable and protected by robust IP that is far ahead of its competition. As a public company, Lightning eMotors will have a stronger capital structure to invest in capacity expansion, develop additional technology—both organically and through acquisitions. The combination of Lightning eMotors and GigCapital3 brings unique, attractive, and promising opportunities to all stockholders and stakeholders, while substantiating our commitment to support one of the highest impact mega-trends of our lifetime, electrification of mobility solutions. We look forward to working with the Lightning eMotors team to build the industry leading zero-emission commercial EV company.”
Leadership Team
The combined company will be led by Mr. Tim Reeser, who has founded and managed multiple technology and cleantech companies; Mr. Bill Kelley, Lightning eMotors’ chief technology officer and chief operating officer, an automotive industry veteran with more than 35 years of automotive engineering and manufacturing experience at Borg Warner; and Ms. Teresa Covington, who will be its chief financial officer and who has 25 years of public company finance experience at automotive, defense and aerospace companies. The Lightning eMotors team has already shown its ability to deliver by successfully bringing products to market and capturing a dominant share in a nascent but rapidly growing industry. Mr. Robert Fenwick-Smith and Dr. Avi Katz will serve as co-chairmen of the board of directors of the combined company, which will include an additional seven members, including Mr. Reeser, Dr. Raluca Dinu, Mr. Ted Senko, Mr. Neil Miotto and a member to be named by BP Technology Ventures at a later date. Mr. Senko and Mr. Miotto, who is the current chairman of the GigCapital3 audit committee, will serve as independent directors and audit committee members. Collectively, these seven individuals will nominate the remaining two independent members of the board.
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Do you make your own wine? Are you interested entering your wine in a competition to get valuable feedback on your wines from an experienced judging panel? Enter your best homemade wines in the El Paso County Winter Hobby Wine Competition.
All entries must be submitted by February 1, 2021; cost is $10 per entry. Participants must register online and complete the entry form on the website below, then drop off their wines at Fermentations Home Winemaking and Homebrew Center, located at 5765 N Academy Blvd in Colorado Springs. Wine categories and more information can be found on the website.
A Wine Tasting Event and Awards Reception will be held on Saturday, February 15, from 7:00 pm to 9:00 pm at Bear Creek Nature Center. Due to Covid this event may be revised (virtual wine tasting and award ceremony) or cancelled.
All proceeds from the competition and the awards reception will go to the Friends of El Paso County Nature Centers, a 501(c)3 organization, and will support environmental education programs in El Paso County.
Website: https://communityservices.elpasoco.com/hobby-wine-competition/
Facebook: https://www.facebook.com/events/688520111807895
