Latest Breaking News On - Thoma bravo advantage - Page 8 : comparemela.com

Innoviz shares start trading on Nasdaq on April 6 after merger with SPAC completed (Courtesy) Shares of Israel’s Innoviz Technologies, a maker of sensors for self-driving cars, rose 11% on the Nasdaq on its first day of trading on Tuesday, marking the first Israeli tech firm to complete a merger deal with a special purpose acquisition company. The merger with the SPAC, Collective Growth Corporation, provides Innoviz with some $371 million in proceeds. Shares started trading on Tuesday after the business combination was approved by a stockholders’ meeting of Collective Growth on March 31. “The successful completion of the business combination will allow Innoviz Technologies to meet the booming demand of the auto industry, which has been waiting for the LiDAR technology to mature,” Innoviz said in a statement ahead of the start of trading on Tuesday.

Kfar sabaOren rosenzweigOmer keilafOren buskilaAmit steinbergBetsy cohenFintech acquisition corpOlympus acquisition corpGrowth corporationInnoviz technologiesCollective growth corporationCollective growthThoma bravo advantageக்பர் சபாஒரேன் ரோசேஞ்சுவெக்அமித் ஸ்டீன்பெர்க்