The CBRE, Ericsson, AMD, News Corp, PTC and Qualcomm-backed spatial modelling technology provider will list on the Nasdaq Capital Market through the deal.
Matterport, the US-based 3D modelling technology provider that counts corporates CBRE, Ericsson, AMD, News Corp, PTC and Qualcomm as investors, agreed on Monday to a reverse merger.
The company is joining forces with Gores Holdings VI, a special purpose acquisition company that floated on the Nasdaq Capital Market in a $300m initial public offering in December 2020, and the transaction will value the combined company at $2.9bn.
The deal will be backed by a $295m financing from investors including…
