Autonomous-truck developer Embark Technology is being acquired by Applied Intuition, a tooling and software provider for autonomous vehicle development. Under the merger agreement announced May 24, ...
Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and autonomous trucking software company Embark Technology have entered into a definitive merger agreement.
SAN FRANCISCO, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Embark Technology (EMBK), Inc. (Nasdaq: EMBK, “Embark” or the “Company”), a leading developer of autonomous technology for the trucking industry, today ...
Embark is a pre-revenue de-SPAC that has thrown in the towel and is seeking strategic alternatives. Fortunately, its balance sheet holds a substantial cash position. A liquidation, company sale, ...
Autonomous vehicle software development company Applied Intuition Inc. today said it has agreed to acquire self-driving truck software company Embark Technology Inc. in an all-cash transaction for $71 ...
The announcement puts the equity value at approximately $71 million. Applied Intuition will provide an all-cash transaction as part of a definitive merger agreement signed between the two companies.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Embark Technology, Inc. (NASDAQ: EMBK) to Applied Intuition, Inc. for $2.88 per share in ...
MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ -- Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an ...
Embark announces completion of merger with Northern Genesis Acquisition Corp. II after stockholders overwhelmingly approve business combination Embark’s common stock to begin trading on Nasdaq under ...