Transportation Tech Co. To Go Public In Porterville
August 12, 2023
TULARE COUNTY – A Porterville tech start-up vowing to make the Central Valley the Silicon Valley of green energy is going public just five years after unveiling its technology to convert fossil fuel fleets to electric motors.
ZeroNox began tinkering with farm utility vehicles to convert them to electric power in the fields of Tulare County in 2017. The key selling point was that their conversions were cheaper than replacing fleets with new vehicles. Now the fast-growing company has spread its vision, products and technology worldwide to both retrofit opportunities and new vehicles, and are on the precipice of being publicly traded on the NASDAQ.
On Aug. 23, Growth for Good Acquisition Corp and ZeroNox will hold a general meeting of their shareholders to finalize a merger between the two companies. Once the deal is set, ZeroNox will be listed on the NASDAQ, the stock market specializing in the technology sector, under the new ticker symbol “ZNOX.” Both boards of directors have unanimously approved the merger and it has been recognized by the U.S. Securities and Exchange Commission.
