Air Taxi Company Joby Goes Public Through SPAC ...Middle East

OILPRICE - Economy
Air Taxi Company Joby Goes Public Through SPAC
source : OILPRICE ( Middle East ) () 21
SPACs have continued their hot run this year as the preferred way to bring companies to the public market. 144 SPACs have gone public so far this year, or an average of five per day, according to Goldman Sachs' Ben Snider. With a SPAC named Just Another Acquisition Corp. filing for an IPO last week, there's not much left to be surprised about in the SPAC space. The latest SPAC announcement will see air taxi startup Joby Aviation go public through a reverse merger with Reinvent Technology Partners in a deal valuing the combined…

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