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Gasthalter & Co. is handling media for the merger of ZeroNox Inc., the leader in the electrification of off-highway vehicles market, with the Growth for Good SPAC in a deal valued at more than $300M.
ZeroNox, which is based in Porterville, CA, sees a potential $1.3T market spanning the construction, agricultural, mining segment, as well as electric vehicle retrofits.
President Robert Cruess said ZeroNox’s proprietary electric powertrain platform “delivers best-in-class battery and motor performance, intelligence, and charging capability.”
New York-based Growth for Good is focused on sustainable and socially responsible companies with strong business fundamentals.
CEO Yana Watson Kakar said the ZeroNox deal “comes at a time when the need for increased electrification in support of the health of our planet has never been greater.”
Gasthalter & Co.’s Amanda Shpiner and Sara Widmann are working the transaction.
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