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Plus | Self-Driving Trucks Co plans merger with Hennessy Capital Investment Corp. V
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 Investors
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