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July 2, 2020 07:54 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Fl5lQsELxgU/
Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path
Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp., with a market value of $1.8 billion. The company said it able to raise $150 million in private investment in public […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Fl5lQsELxgU/
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