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Newsight Imaging Ltd., an Israeli semiconductor company, signed a definitive agreement to merge with SPAC Vision Sensing Acquisition Corp., valuing Newsight at US$215 million. The combined company is expected to list on Nasdaq under the symbol NSIM.
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.