Plus plans to merge with Hennessy Capital Investment Corp. V.
PR NEWS WIRE
Plus, a Global Provider of Self-Driving Truck Technology, to Become Publicly Listed Through Business Combination with Hennessy Capital Investment Corp. V
-- Autonomous Trucking Technology Company Plans to Start Mass Production in 2021 -- Proprietary Full-Stack Level 4 ("L4") Software is Behind the Decision-Making Required to Autonomously, Safely and Intelligently Drive the Vehicle -- Post-Combination Represents Market Capitalization of $3.3 Billion for Plus -- Plus to Add Up to Approximately $500 Million in Gross Proceeds to Accelerate Commercialization and Expand Global Operations -- Transaction Supported by $150 Million PIPE, Including Investments From Funds and Accounts Managed by BlackRock and the D. E. Shaw Group, Among Other Institutional InvestorsRead more