Self Driving Truck Startup Embark Goes Public In $5.2 Billion SPAC Deal

Embark has also said that the former DoT Secretary Elaine Chao was also joining its board

By Sahil Gupta | Updated: 24-Jun-21 11:10 AM IST

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Highlights

Embark has merged and gone public via a SPAC valued at $5.2 billion
It offers its self driving software as a service
It counts some major private equity firms as its investors