(PRNewsfoto/True Wind Capital)
SEATTLE, Feb. 11, 2021 /PRNewswire/ A Place for Rover, Inc. ( Rover ) the world s largest network of five-star pet sitters and dog walkers, has entered into a definitive business combination agreement with Nebula Caravel Acquisition Corp. (Nasdaq:
NEBC) ( Caravel ). Caravel is a publicly traded special purpose acquisition company sponsored by True Wind Capital. Upon closing of the transaction, Caravel will be renamed Rover Group and remain Nasdaq-listed under the ticker symbol ROVR .
Rover Highlights
Rover, the leading online marketplace for pet care, connects pet parents with local, high-quality pet care providers who offer a wide range of services, including boarding, in-home pet sitting, doggy daycare, dog walking, drop-in visits, and grooming. Since its inception through 2020, more than 2 million pet parents have booked services on Rover with more than 500,000 pet care providers across North America and Europe. Rover was created to provid
By City News Service
Feb 3, 2021
LOS ANGELES (CNS) - A settlement was reached in a lawsuit brought by a couple who sued A Place for Rover Inc. after one of their Pomeranians died in 2018 while in the care of a Canyon Country woman working for the online pet-sitting service.
A Place for Rover attorney Cameron Michael Miller told Los Angeles Superior Court Judge Rupert A. Byrdsong on Tuesday that the case was resolved and that the parties were ending arbitration proceedings. No terms were divulged.
In May 2019, Byrdsong found that plaintiffs Lauren Astore and her boyfriend, Jason Richardson, agreed to arbitrate disputes when they signed their contract with the company. He put the lawsuit on hold pending the outcome of the arbitration.