Cepton's SPAC merger got the OK from shareholders, but only after they asked for $156M in refunds
The San Jose-based lidar maker is heading to Wall Street, but with significantly less cash than it expected.
Sonder Holdings Inc. engages in the hospitality business in the United States, Europe, the Middle East, the United Arab Emirates, and internationally. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio furnished apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and business travelers; and operates its app Sonder.com. The company is headquartered in San Francisco, California.
0.0075 | |
0.0083 | |
- | |
0.0083 | |
0.0061 | |
0.0016-0.03 | |
0 | |
0 | |
623 M | |
1.586 |
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The San Jose-based lidar maker is heading to Wall Street, but with significantly less cash than it expected.
The company said it will have about $175 million in new capital from its merger, instead of the $278 million that was projected when the deal was announced last summer.
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