HyperloopTT’s SPAC public debut may be going nowhere fast

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HyperloopTT’s SPAC public debut may be going nowhere fast

Hyperloop Transportation Technologies (HyperloopTT) has entered into a definitive merger agreement with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. II, which is led by former Disney executives Tom Staggs and Kevin Mayer. The combined company will list shares at a pre-money valuation of $600 million. In theory, hyperloop technology is a vacuum tube-based […]

HyperloopTT’s SPAC public debut may be going nowhere fast by Rebecca Bellan originally published on TechCrunch

HyperloopTT’s SPAC public debut may be going nowhere fast

2022-11-23 08:03

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