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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Revolution Acceleration Acquisition Corp

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Revolution Acceleration Acquisition Corp
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SoftBank-backed Berkshire Grey to go public via $2 7bn SPAC deal

SoftBank-backed robotics firm Berkshire Grey said on Wednesday it has agreed to go public through a merger with blank-check firm Revolution Acceleration Acquisition Corp. in a deal valuing the equity of the combined company at $2.7 billion.

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Robotics company Berkshire Grey to go public via SPAC – TechCrunch

Robotics company Berkshire Grey to go public via SPAC – TechCrunch
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(RAAC), Amazon com, Inc (NASDAQ:AMZN) - Palihapitiya Part Of $2 7B SPAC Deal To Purchase Berkshire Grey

Share: A pure-play robotics company proving automation solutions is hitting the public markets with a SPAC deal announced Wednesday morning. The SPAC Deal: Berkshire Grey, which uses artificial intelligence for robotics and automation solutions, announced a SPAC merger with Revolution Acceleration Acquisition Corp (NASDAQ: RAAC). The deal values Berkshire Grey at a post-transaction equity value of $2.7 billion. Berkshire Gray will receive $413 million in cash proceeds from the deal and have no debt after closing. A $165 million PIPE was anchored by Chamath Palihapitiya and BlackRock. Current Revolution Acceleration Acquisition shareholders will own 10% of the company if the merger is approved. About Berkshire Grey: Berkshire Grey automates warehouses and logistics fulfillment centers. The company was founded by Tom Wagner, the former chief technology officer of

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