Innoviz Technologies Closes $1.4B SPAC Merger

Collective Growth

 LiDAR sensor maker Innoviz Technologies and Collective Growth Corporation completed their merger, which values the combined enterprise at $1.4 billion.

Innoviz shares shares and warrants begin trading today on the Nasdaq under INVZ and INVZW. The business combination was approved at the SPAC’s shareholder meeting last week. Read more.

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