May Mobility To Go Public Through SPAC Deal Valued At $1.4 Billion
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From U-M Lab To $1.4 Billion: Is May Mobility Michigan's Tech Investment Payoff?
U-M autonomous-driving research helped create an Ann Arbor AI company now potentially worth $1.4 billion. Michigan taxpayers helped fund its growth. The next test is how many Michigan jobs follow. ANN ARBOR — Michigan has spent millions of taxpayer dollars building an economic-development system designed to turn university research into startups, attract private investment and
May Mobility To Go Public Through SPAC Deal Valued At $1.4 Billion
May Mobility plans to become a publicly traded company through a merger with ACP Holdings Acquisition Corp., a special purpose acquisition company (SPAC), in a deal that could provide more than $300 million in funding and value the autonomous vehicle company at approximately $1.4 billion. According to the company’s official announcement, the transaction would make […]
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