InterPrivate Acquisition Corp. (IPV) Adds $200M PIPE to Aeva Deal

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InterPrivate Acquisition Corp. (IPV) Adds $200M PIPE to Aeva Deal

InterPrivate Acquisition Corp. (NYSE:IPV) announced that institutional investor Sylebra Capital had agreed to invest $200 million in the SPAC to further fund the merger with automotive lidar-maker Aeva. The parties now expect Aeva to receive over $560 million in total proceeds from the deal including the estimated $243 million in InterPrivate’s trust and the $120
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