Autonomous Trucks
An Aurora SPAC would follow the recent reverse merger announced by autonomous-trucking software maker Plus, backed by Hennessy Capital in its fifth SPAC. According to regulatory filings, Reinvent Technology Partners Y priced its IPO of 85 million units at $10 per share to raise $850 million. Home insurance startup Hippo agreed to merge with Reinvent Technology Partners Z. Hoffman’s investment in AuroraUber also invested in Aurora, to whom it sold its Autonomous Technology Group (ATG) in December. Related articles:Volvo partners with Aurora for autonomous hub-to-hub truckingPACCAR and Aurora to build autonomous trucksUber hands over autonomous driving unit to AuroraClick for more FreightWaves articles by Alan Adler.