Shift Technologies, Inc. /
CarLotz, Inc.
Shift Technologies and CarLotz complete merger, combining used-vehicle businesses
- Terms
- Not stated
- Stage
- Closed
What happened
Shift Technologies, Inc. completed its acquisition of CarLotz, Inc. on Dec. 9, 2022. CarLotz shareholders received approximately 0.705 shares of Shift common stock for each CarLotz common share.
CarLotz operates a consignment-to-retail used vehicle marketplace, connecting corporate vehicle sourcing partners and retail sellers with the retail sales channel.
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Shift Technologies and CarLotz complete merger, combining used-vehicle businesses
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