Benzinga | Jan 8, 2021 08:03AM EST

CarLotz Announces Approval Of Acamar Partners Acquisition Merger Transaction By Stockholders

CarLotz, Inc., ("CarLotz" or the "Company"), a leading consignment-to-retail used vehicle marketplace, announced today that it has successfully received the requisite approval from its stockholders (including approval by a supermajority of the minority stockholders) to complete the proposed merger with special purpose acquisition company Acamar Partners Acquisition Corp. ("Acamar Partners") (NASDAQ:ACAM). The closing of the proposed merger is still subject to satisfaction of certain other conditions, including approval of the proposed merger by the stockholders of Acamar Partners. Upon the consummation of the merger, CarLotz will become a public company.