Reinvent Technology Partners (RTP) Shareholders Approve Joby Aviation Deal
Reinvent Technology Partners (NYSE:RTP) shareholders have approved its combination with electric vertical takeoff and landing (eVTOL) company Joby Aviation at a special meeting held yesterday, but redeemed shares for cash in large amounts. A total of 42,841,230 shares were redeemed in connection with the vote, removing an estimated $420.8 million from Reinvent’s trust, or about
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