Shift Announces Merger with CarLotz; a New Business Plan that Enables the Company to Achieve Profitability in 2024; Appointment of new CEO; also Releases Q2 Results

Likely Human

www.globenewswire.comby Shift Technologies, Inc.August 9, 2022Submitted May 15, 2026

Shift to merge with CarLotz, a leading used vehicle consignment business; combined company estimated to have approximately $125 million of cash if the merger closes at the end of the year Shift is...

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ClassificationLikely Human

ConfidenceMedium confidence

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