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Vision Sensing Acquisition Corp. (VSAC) announced a definitive business combination agreement to acquire Newsight Imaging Ltd., an Israeli semiconductor company developing 3D machine vision sensors and spectral vision chips, valuing Newsight at US$215 million.
“The transaction values Newsight at US$215 million, which together with US$102.5 million cash in VSAC’s trust account... results in a combined pro forma enterprise value of US$380 million.”sec.gov
Summarized from public sources; check the original articles before acting on it.