Page 9 - மருதாணி மூலதனம் முதலீடு கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(HCIC), (TSP) - Autonomous Trucking Company Plus Announces SPAC Deal: What Investors Should Know

Share: A company hoping to disrupt the massive semitruck market announced a SPAC deal Monday, with plans to launch autonomous trucks in 2021. The SPAC Deal: Plus, formerly known as Plus.ai, announced a SPAC deal with Hennessy Capital Investment Corp V (NASDAQ: HCIC). The deal values the company at an enterprise value of $2.47 billion and includes a $150-million PIPE. Shares of Plus will trade as PLAVV on the NYSE if the merger is approved. Current HCIC shareholders will own 13% of the new company. About Plus: Plus is working on mass production-ready, low-cost Level 4 autonomous driving technology for the long-haul trucking sector. The company believes it can cut costs and increase margins with its proprietary full-stack Level 4 software.

United statesHennessy capital investment corpTusimple holdingsAutonomous semitrucksCompetition and goingProjections for plusஒன்றுபட்டது மாநிலங்களில்மருதாணி மூலதனம் முதலீடு கார்ப்

Self-driving truck startup Plus to go public through $3 3 bln SPAC deal

TechnologySelf-driving truck startup Plus to go public through $3.3 bln SPAC deal Reuters 2 minute read Plus said on Monday it would go public through a merger with blank-check company Hennessy Capital Investment Corp. V (HCIC.O) in a deal that values the self-driving truck technology startup at $3.3 billion. The combined company will get proceeds of $500 million from the deal, including a private investment of $150 million. Investors in the deal include BlackRock (BLK.N) and D.E. Shaw group, among others. In February, Plus raised $200 million in a funding round, co-led by brokerage Guotai Junan International and private equity firm CPE, according to data from Pitchbook.

Thomson reuters trust principlesYork stock exchangeGoldman sachsHennessy capital investment corpNew york stock exchangeBarclays capitalGuotai junan internationalHennessy capital investmentCalifornia based plusCapital investmentThomson reuters trustதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்யார்க் ஸ்டாக் பரிமாற்றம்கோல்ட்மேன் சாக்ஸ்மருதாணி மூலதனம் முதலீடு கார்ப்புதியது யார்க் ஸ்டாக் பரிமாற்றம்

Plus | Benzinga

A company hoping to disrupt the massive semitruck market announced a SPAC deal Monday, with plans to launch autonomous trucks in 2021. The SPAC Deal: Plus, formerly known as Plus.ai, announced a SPAC deal with Hennessy Capital Investment Corp V (NASDAQ: HCIC). The deal values the company at an. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

Hennessy capital investment corpமருதாணி மூலதனம் முதலீடு கார்ப்

Foley Weekly Automotive Report - May 2021 | Foley & Lardner LLP

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - .

United statesSpring hillRamos arizpeCoahuila de zaragozaSan luis potosiSan luis potosíxLos angelesJim hackettSan luis potosi assemblyHennessy capital investment corpMotor equipment manufacturers associationOrion assemblyShanghai automotive industry corpHamtramck assembly centerRamos assemblyEmissions technology

SPAC IPOs are dwindling, but blank check mergers continue apace - San Francisco Business Times

SPAC IPOs are dwindling, but blank check mergers continue apace - San Francisco Business Times
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesPalo altoBeverly hillsMountain viewStanford universitySan franciscoJay brownLarry marcusJerry yangCromwell schubarthReid hoffmanSanta claraRyan gilbertAndreessen horowitzRon johnson