Announced
Financials
Tags
technology company
Private
Majority
Merger
De-SPAC
Pending
Single Bidder
Acquisition
Friendly
Reverse Takeover
United States
Domestic
IT Services: Other
Synopsis
Rally Communitas, a technology company for mass mobility in the United States, agreed to go public via a SPAC merger with Americas Technology Acquisition in a $208m deal. “Today’s announcement represents a tremendous milestone for the shareholders of ATA. We are incredibly excited to announce the merger with Rally. Rally is innovating with advanced technology solutions in a large, global sector which is ripe for transformation. Consumers, corporations, and governments have a vested interest in developing and improving mass transit solutions. Rally is repurposing existing resources to deliver solutions that benefit all stakeholders. We look forward to our partnership and opportunities to leverage our expertise and relationships to scale Rally’s platform," Jorge Marcos, ATA CEO.
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