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Logistics Innovation Technologies Corp. (LITT)

Logistics Innovation Technologies currently trades with the ticker symbol LITTU
Stock Price: $10.00 USD 0.02 (0.20%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
Logistics Innovation Technologies Corp.
Founded 2021
IPO Date Jun 11, 2021

Stock Information

Ticker Symbol LITT
Exchange NASDAQ
Reporting Currency US Dollars
IPO Price $10.00
CIK Code 1848364
Employer ID 86-2157398

Company Description

Logistics Innovation Technologies is a blank check company newly incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

We intend to focus our search on the logistics industry, which includes both traditional industry players and technology companies that can leverage technology to improve the efficiency of customer supply chains and their markets.

Our management team is led by our Chief Executive Officer, Alan Gershenhorn, a logistics industry veteran with over four decades of experience. Mr. Gershenhorn held numerous business, operations and functional executive roles at United Parcel Service, Inc. (NYSE: UPS) (“UPS”), with his final role as Executive Vice President and Chief Commercial Officer of UPS.

During his UPS tenure, Mr. Gershenhorn played an integral role in UPS’s growth from a $3 billion U.S. ground package delivery firm to a more than $60 billion global supply chain solutions provider.

Key Executives

NamePosition
Alan GershenhornChief Executive Officer and Chairman
Isaac ApplbaumChief Financial Officer and Director
Bruno SidlerDirector Nominee
Chris SultemeierDirector Nominee
Andrew ClarkeDirector Nominee