Harley-Davidson Inc. and AEA-Bridges Impact Corp. (ABIC), a special purpose acquisition company with a dedicated sustainability focus, sponsored by executives of AEA Investors and Bridges Fund Management, announced the completion of their previously announced business combination under which LiveWire EV LLC, Harley-Davidson’s electric motorcycle division, combined with ABIC, to create a new public company.
The business combination was officially approved at an extraordinary general meeting by ABIC stockholders on September 16, 2022. Upon completion of the business combination, the combined public company will operate as LiveWire Group Inc., and its common stock and warrants will begin trading on the New York Stock Exchange (“NYSE”) under the symbols “LVWR” and “LVWR WS,” respectively, Sept. 27, 2022. Through this combination, LiveWire will become the first and only electric vehicle (EV) motorcycle company in the U.S. to list on the NYSE.
“This transaction represents a proud and exciting milestone for LiveWire towards its ambition to become the most desirable electric motorcycle brand in the world,” said Jochen Zeitz, chairman, president and CEO of Harley-Davidson, and chairman and CEO of LiveWire. “We believe LiveWire is well positioned to define the two-wheel EV market, and we’re excited about the future — in celebration of our listing today, we’re pleased to open reservations for the production version of the S2 Del Mar for the U.S. market.”
LiveWire will be ringing the opening bell at the NYSE on the 27th, to celebrate LiveWire’s public listing.
Soulful by design, LiveWire is transforming the everyday into urban adventure and beyond. Building a future for riders differentiated by look, sound and feel. LiveWire is leading the electrification of motorcycling by means of design, software and experience. Backed by 119 years of engineering and manufacturing heritage but with the agility of a start-up, LiveWire is well positioned to define the future of two-wheel EV.