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Self-Driving Truck Firm Einride to Go Public via SPAC Deal at $1.8 Billion Valuation
The merger will raise $219 million plus up to $100 million in PIPE capital to scale electric and autonomous freight solutions in a $4.6 trillion market, Einride said.
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Swedish EV self-driving trucking startup Einride to go public via SPAC deal valuing the company at $1.8 billion - Tech Startups
Autonomous EV trucking startup Einride is gearing up for its biggest milestone yet — a public debut on the New York Stock Exchange through a SPAC merger with Legato Merger Corp. III, valuing the Swedish startup at $1.8 billion. The […] The post Swedish EV self-driving trucking startup Einride to go public via SPAC deal valuing the company at $1.8 billion first appeared on Tech Startups.
Self-driving truck firm Einride to go public via SPAC deal at $1.8 billion valuation
Swedish autonomous trucking company Einride said on Wednesday it has agreed to go public in the U.S. through a merger with blank-check firm Legato Merger Corp III in a deal valuing the company at $1.8 billion.The listing comes after a wave of electric vehicle startups went public during the pandemic-era SPAC
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Total News Sources8
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
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