Saturday, December 12, 2020

LiDAR News: Innoviz and Aeva Investor Presentations

PRNewswire: Innoviz is to become publicly listed on NASDAQ through a merger with Collective Growth Corporation. The transaction is expected to provide up to $350M in gross proceeds comprised of Collective Growth's $150M of cash held in trust, assuming no redemptions by public stockholders, and a $200M fully committed ordinary share PIPE.

The transaction is expected to close in Q1 2021 and bring Innoviz valuation of $1.4B post-money with enterprise value of about $1B.

Innoviz investor presentation shows the company's business details:

Aeva too publishes its investor presentation toward its ongoing merger with InterPrivate Acquisition Corp:

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