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Mclaren Technology Acquisition Corp

10.39

0.00 (0.00%)

Last Update: 10 Mar 2023 17:30:00

Yesterday: 10.39

Day's Range: 10.39 - 10.39

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10.39

McLaren Technology Acquisition Corp is a special purpose acquisition company (SPAC) that was formed by McLaren Group, a British automotive and technology company, in 2020. The company was created with the goal of acquiring a technology company in the automotive, transportation, or mobility sectors.

The SPAC raised $345 million in its initial public offering (IPO) in October 2020, with the aim of using the funds to acquire a company that would benefit from McLaren's expertise in engineering, design, and manufacturing.

McLaren Technology Acquisition Corp is led by Executive Chairman and CEO, Jonathan Ledecky, who is a veteran investor and entrepreneur. The company's board of directors includes several prominent figures in the automotive and technology industries, such as former Ford CEO Mark Fields and former Tesla Chief Technology Officer JB Straubel.

As of August 2021, McLaren Technology Acquisition Corp has not yet announced a target company for acquisition.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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