InterPrivate II Acquisition Corp - Ordinary Shares - Class A

NYSE:IPVA   1:46:03 PM EDT
9.76
-0.02 (-0.20%)
Debt Financing / Related, Mergers / Acquisitions

Getaround To Go Public Via Merger With Interprivate II Acquisition Corp

Published: 05/11/2022 13:21 GMT
InterPrivate II Acquisition Corp - Ordinary Shares - Class A (IPVA) - Getaround, a Pioneering Digital and Global Carsharing Marketplace, to Go Public Via Merger With Interprivate Ii Acquisition Corp.
Interprivate Ii Acquisition Corp - Business Combination is Expected to Result in at Least $225 Million and Up to $434 Million in Gross Proceeds to Company.
Interprivate Ii Acquisition Corp - Pro Forma Equity Value of Combined Company Will Be About $1.2 Billion.
Interprivate Ii Acquisition Corp- Upon Closing, Combined Company is Expected to Be Listed on New York Stock Exchange Under New Ticker Symbol "getr.
".
Interprivate Ii Acquisition Corp - Combined Company Will Be Led by Getaround Founder and Ceo, Sam Zaid.
Interprivate Ii Acquisition Corp - Getaround Believes Net Transaction Proceeds Will Provide Adequate Funding to Achieve Adjusted EBITDA Breakeven.