Thursday, May 19, 2022

Pasadena's Near Plans To Go Public Via SPAC

Pasadena-based Near, a provider of location-based, anonymized data, said it plans to go public on the Nasdaq, via a merger with a Special Purpose Acquisition Company (SPAC). According to Near, it plans to merge with KludeIn I Acquisition Corp, in a deal that will have a post-transaction pro-forma market capitalization of nearly $1 billion. Near said the

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