Smart lock maker Latch says it will go public by merging with a SPAC at a $1.56B valuation, expecting to raise ~$450M in cash (Wall Street Journal)

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Smart lock maker Latch says it will go public by merging with a SPAC at a $1.56B valuation, expecting to raise ~$450M in cash (Wall Street Journal)

25 January 2021 Technology & Digitalization 0

Wall Street Journal:
Smart lock maker Latch says it will go public by merging with a SPAC at a $1.56B valuation, expecting to raise ~$450M in cash  —  Deal between startup and SPAC sponsored by property firm values Latch at $1.56 billion  —  Latch Inc., a maker of smart locks and building-management software …