Embark Trucks to Go Public via Merger with Northern Genesis Acquisition Corp. II

NorthStar Earth & Space to Go Public via Merger with Viking Acquisition Corp. I

April 17, 2026

Data & Analytics

NorthStar Earth & Space entered into a definitive business combination agreement with Viking Acquisition Corp. I (NYSE: VACI) to become publicly traded, with combined shares expected to trade on the NYSE under ticker NSTR. The transaction includes a fully committed $30 million PIPE anchored by Cartesian Capital Group and is expected to provide at least $30 million in gross proceeds, subject to customary closing conditions and shareholder/redemption outcomes.

Einride AB Goes Public via Business Combination with Legato Merger Corp. III (NYSE/Nasdaq)

February 27, 2026

Transportation

Einride AB, a technology company focused on electric and autonomous freight, entered into a definitive business combination with Legato Merger Corp. III to take Einride public. The transaction was supported by a $113 million oversubscribed PIPE and additional crossover financing, valuing Einride at about $1.35 billion pre-money, with Einride expected to begin trading on Nasdaq under ticker ENRD (and warrants ENRDW).

Evernorth Agrees to Business Combination with Armada Acquisition Corp. II

October 20, 2025

Financial Services

Evernorth Holdings agreed to combine with Armada Acquisition Corp. II in a transaction intended to take Evernorth public on Nasdaq. The transaction and related private placements are expected to raise more than $1 billion to support Evernorth’s XRP treasury and related ecosystem activities; shareholders approved the combination on September 30, 2026, but the supplied articles describe closing as still pending.

Parthenon Capital Makes Strategic Investment in Embark

September 4, 2025

Consulting

Parthenon Capital has made a strategic growth investment in Embark, a Dallas-based management and financial consulting firm, to accelerate the company's organic growth and M&A strategy while expanding its technology and AI capabilities. Founder Paul Allen will remain Chairman and retain a significant ownership stake as Embark pursues investments in automation, AI, talent, and expanded advisory services.

Applied Intuition Acquires Embark Technology

May 25, 2023

Automotive

Applied Intuition agreed to acquire autonomous-trucking software developer Embark Technology in an all-cash transaction valued at approximately $71 million. Applied will integrate Embark's software, data and tools to enhance its autonomous-vehicle development platform; Embark plans to retire its test truck fleet and key employees are expected to join Applied.

BevCanna Acquires Embark Health Inc.

September 19, 2021

Food & Beverage

BevCanna Enterprises Inc. has acquired Embark Health Inc., a solventless cannabis extraction and enhanced delivery technology provider, by way of a three‑cornered amalgamation. The deal brings Embark’s Delta (BC) GMP facility, four adult‑use brands, proprietary nanotechnology and approximately $17M in tangible and intangible assets onto BevCanna’s balance sheet; consideration included BevCanna shares and contingent earn‑outs.