BURLINGAME, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) — Proterra Inc (Nasdaq: PTRA) (“Proterra” or the “Company”), a leading innovator in commercial vehicle electrification technology, today announced that it is extending the redemption date of its public warrants (the “Public Warrants”) and private placement warrants (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”) until 5:00 p.m. New York City time on October 29, 2021 (the “New Redemption Date”) to allow holders of Warrants additional time to exercise their Warrants.