Foley, White & Case Aid Commercial Electric Van Maker’s SPAC

Foley & Lardner advised Electric Last Mile Inc. on its merger with a special purpose acquisition company, which paved the way for the plug-in delivery van startup’s recent public listing.

White & Case advised the SPAC, Forum Merger III Corp. No financial details were disclosed for the transaction, approved by Forum’s shareholders at a special June 24 meeting, according to a statement.

The combined company, based in Troy, Mich., became listed on the Nasdaq Stock Exchange June 28 under the ticker symbol “ELMS.”

ELMS said later this year it plans to begin producing urban delivery vehicles at its recently acquired ...