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Lightning Emotors, Inc Settlement
(NYSE: ZEV)
Settlement

Claim Deadline: November 11, 2024

Settlement Fund: $13,350,000

Settlement Class

All persons and entities who: (i) purchased or otherwise acquired publicly traded securities issued pursuant to GigCapital3, Inc.’s form S-1 registration statement declared effective on May 5, 2020 with the Securities and Exchange Commission, as amended by post-effective amendment no. 1, filed on  May 13, 2020; (ii) all stockholders of GigCapital3, Inc. as of the March 15, 2021 record date that were entitled to vote on GigCapital3, Inc.’s proposed transaction to acquire Lightning Systems; (iii) purchased or otherwise acquired GigCapital3, Inc. or Lightning eMotors securities during the period from May 18, 2020 through August 16, 2021, inclusive, and were damaged thereby; or (iv) were record and beneficial holders of GigCapital3, Inc. Common Stock who held such stock during the time period from the record date (March 15, 2021) through the closing date (May 6, 2021).

Important Documents

Settlement Status

Preliminarily Approved

Class Period

May 14, 2020 - June 28, 2024

Settlement Hearing Date

November 19, 2024

Opt-Out Deadline

October 18, 2024

Claims Admin

Gilardi & Co. LLC
Lightning eMotors Securities SettlementClaims Administratorc/o Gilardi & Co. LLCP.O. Box 301170Los Angeles, CA 90030-1170

Levi & Korsinsky did not act as lead counsel or otherwise participate in litigating the above class action and provides this information to remind class members of the deadline to submit a claim for a share of any of the settlement fund.