AEA-Bridges Impact Adds 10% In Morning Trade

Shares of blank check company AEA-Bridges Impact Corp. (IMPX) are rising more than 10% Tuesday morning at $10.96.

In an SEC filing dated September 16, the company had said that its shareholders have approved the proposed merger with LiveWire, Harley-Davidson’s e-motorcycle division.

AEA-Bridges Impact expects the deal to close on September 26, with the combined company’s stock to trade on September 27 NYSE under the symbol LVWR.

While disclosing the merger proposal in December, AEA-Bridges Impact had expected the combined company to have an enterprise value of about $1.77 billion

IMPX has traded in the range of $9.12-$11.64 in the last 52 weeks.

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