Berkshire Grey, Inc
Completed deSPAC · 1 SPAC · 1 closed · 0 announced
Revolution Acceleration Acquisition Corp (RAAC), a blank-check company sponsored by Revolution LLC, announced a definitive agreement to merge with Berkshire Grey, Inc. in February 2021. Berkshire Grey develops AI-powered robotic automation systems for retail, e-commerce, and supply chain logistics, placing the transaction squarely within the artificial intelligence and machine learning sector. RAAC completed its initial public offering in 2020 and subsequently closed its business combination with Berkshire Grey, which began trading as a public company on Nasdaq under the ticker BGRY. Sign up at SpacDesk for full filing history, deal timelines, and analytics on RAAC and the broader SPAC universe.
SPAC Counterparty (1)
| Symbol | Issuer | Status | Announced | Close | IPO Size | PIPE | Sponsor |
|---|---|---|---|---|---|---|---|
| RAAC | Revolution Acceleration Acquisition Corp | Closed | 2021-02-24 | 2021-07-27 | $287.5M | $165.0M | RAAC Management LLC |