TKB Critical Technologies 1 (USCT) & Wejo Go Back to the 2010 SPAC Playbook

Jan 10, 2023 Deal Announcements & Amendments, Headline Post, INTEL by Marlena Haddad

TKB Critical Technologies 1 (NASDAQ:USCT) has entered into a definitive agreement to combine with vehicle data tracker Wejo (NASDAQ:WEJO) at a pro-forma implied enterprise valuation of $121.7 million or 1.2x 2024E net revenue. Manchester, UK-based Wejo, which previously combined in November 2021 with Virtuouso Acquisition Corp. (a different SPAC), has developed a data analysis suite
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TKB Critical Technologies 1 (USCT) & Wejo Go Back to the 2010 SPAC Playbook

TKB Critical Technologies 1 (USCT) & Wejo Go Back to the 2010 SPAC Playbook

ByMarlena Haddad