# DIH to go public via merger with Aurora Technology Acquisition Corp.

DIH Holding US, a robotics and VR technology provider for rehabilitation, has entered into a business combination agreement with SPAC Aurora Technology Acquisition Corp. The deal implies an initial equity value of approximately $360.2 million and is expected to close in the third quarter of 2023.

- Type: Acquisition
- Announced: 2023-02-27
- Where: United States
- Value: $360.2M
- Status: announced
- Products: robotics and virtual reality systems for rehabilitation
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [DIH Holding US](https://endata.com/companies/68818.md) (target)
- [Aurora Technology Acquisition Corp.](https://endata.com/companies/68819.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/dih-to-become-publicly-traded-via-business-combination-with-aurora-technology-acquisition-corp-301756243.html), 2023-02-27: "DIH Holding US, Inc. and Aurora Technology Acquisition Corp. today announced they have entered into a definitive business combination agreement that will result in DIH becoming publicly listed."
- [dih.com](https://www.dih.com/news/dih-to-become-publicly-traded-via-business-combination-with-aurora-technology-acquisition-corp/), 2023-03-02: "DIH Holding US, Inc. and Aurora Technology Acquisition Corp. today announced they have entered into a definitive business combination agreement that will result in DIH becoming publicly listed"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.