Plus Automation Inc. agreed to go public through a business combination with Texas Ventures Acquisition III Corp., valuing the autonomous truck technology company at $800 million in pre-money equity1. The SPAC transaction is expected to provide approximately $300 million in funding directed toward a planned 2027 autonomous truck launch2. Three law firms are steering the deal.
Plus Automation Agrees to $800M SPAC Deal to Fund Autonomous Truck Operations
Plus Automation Inc. agreed to go public via SPAC merger with Texas Ventures Acquisition III Corp. at an $800 million pre-money valuation to fund…
