Lightning eMotors Enters Into a $50 Million Pre-Paid Advance Agreement With Yorkville Advisors Global L.P.

LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that it has entered into a $50 million pre-paid advance agreement (the “PPA”) with an investment fund managed by Yorkville Advisors Global L.P. “We are excited to partner with Yorkville to help Lightning raise capital as needed to help us fund our growth,” said Tim Reeser, CEO of Lightning eMotors.

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