Interprivate Outlines Deal Terms With Aeva

Aeva

Interprivate in a filing outlined deal terms in its proposed merger with laser sensor startup Aeva. The transaction is structured as a reverse triangular merger. The deal would give Aeva a market valuation of about $2B. Stockholders of approximately 14 million shares of preferred and common stock have signed a support agreement in advance of a vote on the deal. Read more.

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