Reinvent Technology Partners Y to Combine with Aurora in ~$1.8B Go-Public Transaction
November 1, 2021
Reinvent Technology Partners Y (RTPY) expects to complete its previously announced business combination with self-driving technology company Aurora on November 3, 2021, subject to shareholder approval. The transaction is expected to raise gross proceeds plus cash on hand totaling approximately $1.8 billion, supporting Aurora beyond the commercial launch of Aurora Horizon and Aurora Driver.
- Buyers
- Reinvent Technology Partners Y
- Targets
- Aurora
- Industry
- AI & Machine Learning
- Location
- United States
- Transaction Type
- Buyout
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