InterPrivate intends to set a shareholder meeting date to vote on the deal early next year. If approved, the deal would give Aeva a market valuation of about $2 billion. Stockholders of approximately 14 million shares of preferred and common stock have signed a support agreement in advance of a vote. Aeva designs and manufactures laser sensors for use in autonomous vehicles. Read more.
Related Posts
Powermers Smart Industries Merging with OCA Acquisition in $2B Deal
Powermers said it is positioning itself with modern engineering and fleet management solutions to transform the commercial transportation and industrial equipment industries
GigCapital6 Files for $350M IPO
The latest SPAC from co-founder Dr. Avi Katz plans to target the TMT, cybersecurity, privacy and sustainable industries.
Big Rock Partners Facing Nasdaq Delisting
Big Rock in the latest filing said it is working "with all due haste" to complete a merger.
EVBox to Combine with TPG Pace in $969M Deal
Based in France, EVBox is a global provider of smart charging solutions for electric vehicles.