ACP Holdings Acquisition Corp to take May Mobility public in SPAC deal at ~$1.4B pro forma enterprise value

ACP Holdings Acquisition Corp (ACGC) will take autonomous ride-hailing company May Mobility public in a SPAC deal with a pro forma enterprise value of about $1.4 billion, raising over $300 million from a $120 million fully committed PIPE plus up to $217 million from trust, subject to redemptions, per an SEC filing. It would be the first pure-play US public autonomous ride-hailing company.

Detected & updated continuously · Source: Nebula