menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Is the SPAC back?
source image

TechCrunch

21h

read

238

img
dot

Image Credit: TechCrunch

Is the SPAC back?

  • Kodiak Robotics, a self-driving truck startup, plans to go public through a merger with Ares Acquisition Corporation II, a special purpose acquisition company.
  • The move comes at a time when SPACs have lost their shine and the autonomous vehicle space has seen shutdowns of companies like Embark and TuSimple.
  • There is uncertainty in the IPO market and some major players have already paused their IPO plans.
  • The episode of TechCrunch's Equity podcast discusses the potential return of SPACs and other news related to AI voices, Figma's IPO plans, Hugging Face's acquisition, and updates from OpenAI.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app