Watch Video The CEO and co-founder, Michael Bor, says that Carlotz (LOTZ) is an online used-vehicle company that has the benefits of a dealership with the monetary perks of a private sale. It recently went public on the NASDAQ.
Watch Video CarLotz is now officially trading on the Nasdaq under the ticker symbol “$LOTZ.” Michael Bor, co-founder and CEO of CarLotz, joined Cheddar to discuss.
Watch Video CarLotz, Inc. (Nasdaq: LOTZ), a leading consignment-to-retail used vehicle marketplace, rings the Nasdaq Opening Bell. Michael Bor, Co-Founder & CEO, rings the Opening Bell alongside the Company’s team in a virtual bell ringing ceremony.
Listen to Podcast CarLotz is now officially a publicly traded company. It began trading on NASDAQ on Friday, following the completion of its merger Thursday with Acamar Partners Acquisition Corp., a special purpose acquisition corporation. Auto Remarketing’s Joe Overby caught up with CarLotz CEO Michael Bor on Friday to talk about this landmark…
Video Link Michael Bor, CarLotz co-founder and CEO, joins ‘Closing Bell’ to talk about its flat-fee model, which requires a $299 upfront charge, prepares a vehicle for resale and negotiates a deal on the seller’s behalf. CarLotz will start trading on the Nasdaq under the stock ticker LOTZ.
CarLotz is now officially a publicly traded company. Its shares began trading Friday on the Nasdaq Global Market, following the completion of its merger Thursday with Acamar Partners Acquisition Corp., a special purpose acquisition corporation. The merger was first announced in October. The combined company’s ticker symbol is “LOTZ.” “Today marks another major milestone…
CarLotz was set to begin trading shares Friday on the Nasdaq exchange under the “LOTZ” ticker symbol, becoming the latest online used-vehicle company to go public. CarLotz, which focuses on used-vehicle consignment, announced last year it would become a publicly traded company by completing a reverse merger with Acamar Partners Acquisition Corp., a special-purpose…
Nearing its 10-year anniversary, CarLotz, a used-cars consignment company founded in Chesterfield County, went public on Friday. In October 2020, CarLotz first announced it would merge with special purpose acquisition company Miami-based Acamar Partners Acquisition Corp. — a deal that was approved by stockholders Jan. 8 and closed Friday. The company, which is valued…
RICHMOND, Va., Jan. 21, 2021 (GLOBE NEWSWIRE) — CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, today announced that it has completed its business combination (the “Business Combination”) with Acamar Partners Acquisition Corp. (“Acamar Partners”) (Nasdaq: ACAM), a publicly-traded special purpose acquisition company. The Business Combination was approved on January 20,…
About three months after opening the first CarLotz store a decade ago, Michael Bor and his partners knew selling used vehicles on consignment might be a winning business model. They had 13 cars available for sale on opening day in the spring of 2011 at that first location on Midlothian Turnpike in Chesterfield County….
