Software Acquisition Group II said that pending merger partner Otonomo Technologies has filed a preliminary proxy and prospectus with the SEC.
Pending shareholder approval, after closing the deal Otonomo is expected to list on the Nasdaq under OTMO. The combination is expected to be completed in the second quarter.
The combined company would have an estimated $1.4 billion pro forma equity value. Otonomo’s platform gathers vehicle data for emergency services, mapping, EV management, subscription-based services, parking, predictive maintenance, insurance, media, in-vehicle services, traffic management, and smart city solutions. Read more.
