◂ Announcements

Mar 18, 2021ACQUISITIONUnited States

Arbe Robotics to go public via merger with Industrial Tech Acquisitions

Arbe Robotics, a provider of 4D imaging radar solutions, will merge with SPAC Industrial Tech Acquisitions to list on Nasdaq. The deal includes up to $177 million in gross proceeds, including a $100 million PIPE.

Value

$177.0M

Status

Announced

Products4D imaging radardriver-assist systems

CompaniesArbe Robotics Ltd. target Industrial Tech Acquisitions, Inc. acquirer

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“Arbe, founded in 2015, is leading a radar revolution, enabling safe driver-assist systems today while paving the way for fully autonomous driving.”ir.arberobotics.com

1 source
ir.arberobotics.comArbe Robotics Ltd., a Global Leader in High-Resolution 4D Imaging Radar Technology, Expected to List on the Nasdaq Through a Business Combination with Industrial Tech Acquisitions, Inc. :: Arbe Robotics Ltd. (ARBE)Mar 18, 2021

Summarized from public sources; check the original articles before acting on it.

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