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Auto data startup Wejo on Friday will announce plans to go public through a reverse merger with blank-check company Virtuoso Acquisition Corp in a . ....
BLOOMBERG Wejo Ltd., the British automotive-data startup backed by General Motors, is in talks to go public through a merger with Virtuoso Acquisition Corp., a blank-check firm, people with knowledge of the matter said. Virtuoso is seeking to raise new equity to support a transaction with a combined enterprise value of more than $1 billion, according to one of the people, who asked not to be identified discussing private negotiations. Terms could change and, as with all transactions that aren’t yet finalized, it’s possible the talks could collapse. A representative for Virtuoso declined to comment and Wejo didn’t immediately respond to requests for comment. ....
General Motors Company (NYSE:GM), (VOSO) - GM-Backed Wejo In Talks With Virtuoso On SPAC Merger: Bloomberg benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Auto data startup Wejo in talks with Virtuoso on SPAC merger – sources wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.
GM-backed Wejo is in SPAC merger talks with Virtuoso autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.