Self-driving truck tech firm Embark to go public via $5.2 billion SPAC deal

3 years ago
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https://www.reuters.com/article/us-embark-m-a-northern-genesis/self-driving-truck-tech-firm-embark-to-go-public-via-5-2-billion-spac-deal-idUSKCN2DZ18M

(Reuters) -Embark Trucks Inc, a self-driving truck technology developer backed by private equity firm Tiger Global Management, will merge with a blank-check firm in a deal valuing the equity of the combined company at about $5.2 billion.

Self-driving truck tech firm Embark to go public via $5.2 billion SPAC deal

Jun 23, 2021, 12:20pm UTC
https://www.reuters.com/article/us-embark-m-a-northern-genesis/self-driving-truck-tech-firm-embark-to-go-public-via-5-2-billion-spac-deal-idUSKCN2DZ18M >(Reuters) -Embark Trucks Inc, a self-driving truck technology developer backed by private equity firm Tiger Global Management, will merge with a blank-check firm in a deal valuing the equity of the combined company at about $5.2 billion.