. .
shares of Colonnade Acquisition Corp. .
CLA,
39. 88%
Missile 46. 2% on the morning of Tuesday’s trading to boost NYSE profits after the Special Purpose Acquisition Company (SPAC), or “blank check” firm, announced a merger agreement that would bring lidar sensor maker Ouster Inc. . Publicity. As part of the deal, this means an equity value of approx. 1 USD. US $ 9 billion will bring Ouster gross proceeds of up to US $ 300 million. The proceeds are expected to be used to advance the development and manufacture of Ouster’s digital lidar sensors, which enable robots and autonomous vehicles to see 3D. Once the reverse merger is complete, the company will be renamed Ouster Inc. . and the stock is expected to remain listed on the Nasdaq stock exchange, but under the new ticker symbol « OUST ». « The deal comes at a time when shares in lidar sensor manufacturer Luminar Technologies Inc. .
LAZR,
5. 38%,
which went public at the beginning of this month through a SPAC merger have more than doubled (plus 108). 0%) this month, while the S&P 500
SPX,
-0. 38%
won 2. 0%.
In addition to Alibaba, Gucci is launching the first of two online shops in China to tap the more than 750 million users of this platform.
Tomi Kilgore is MarketWatch’s assistant editor for investments and corporate news and is based in New York. You can follow him on Twitter @TomiKilgore.
Ouster, lidar, special purpose vehicle, self-driving car, warehouse
World news – CA – The stock rockets from SPAC Colonnade Acquisition after the merger with the lidar sensor manufacturer Ouster
. . Corresponding title :
– SPAC Colonnade Acquisition&’s share rockets after merging with lidar sensor manufacturer Ouster
– The briefing : Lidar maker Ouster Eyes Public Market, Peloton buys Precor and more
– Ouster, a leading provider of high-performance digital lidar sensors, in combination with Colonnade Acquisition Corp.. . . .
– Ouster, maker of self-driving technology, approves $ 1. 9 Billion Deal to Go Public
– Ouster, maker of self-driving technologies, approves $ 1. 9 Billion Deal Go public
– Ouster to go public as part of the SPAC deal with the aim of & # 39; Lidar for each vehicle on Earth& # 39;
– >> Why These 3 lidar stocks went up today
– Self-driving auto sensor maker Outser goes public for $ 1. 6B SPAC deal
– Colonnade (CLA) spikes on report on merger deal with self-driving startup Ouster
– Luminar (LAZR) shares rise on Apple& # 39’s self-driving vehicle plans; rival Ouster announces $ 1. 9B SPAC merger
Ref: https://www.marketwatch.com
