Though the frothy excitement of special purpose acquisition companies (SPACs) is going flat in the face of federal scrutiny, autonomous-vehicle software maker Aurora Innovation is reportedly close to a merger with a blank-check company started by one of its investors.
Aurora, led by autonomous driving pioneer Chris Urmson, could agree to a business combination with Reinvent Technology Partners Y (NASDAQ: RTPYU), the third SPAC launched by LinkedIn co-founder and Aurora investor Reid Hoiffman,...
https://www.freightwaves.com/news/public-autonomy-aurora-innovation-reportedly-next-in-line-for-spac