May Mobility to list on Nasdaq via $1.4 billion SPAC deal
May Mobility, an autonomous ride-hailing technology firm, has agreed to go public in the U.S. through a $1.4 billion deal with blank-check company ACP Holdings Acquisition, as announced on Wednesday. The agreement will see May Mobility list on Nasdaq via the SPAC merger.
Why it matters — This deal represents ACP Holdings Acquisition Corp.'s planned business combination and path to bringing May Mobility to market on Nasdaq.