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OTONOMO TECHNOLOGIES LTD

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Software Acquisition Group Incorporated II, listed under ticker SAII and sponsored by Software Acquisition Group, was a blank-check company that completed its business combination with Otonomo Technologies Ltd., an Israeli connected-vehicle data platform operating in the logistics and mobility technology sector. The transaction was announced in February 2021, with Otonomo's platform offering automotive OEMs, fleets, and mobility service providers a marketplace to aggregate and monetize connected-car data. SAII, which completed its IPO in 2020, has since closed this deal, bringing Otonomo into the public markets. The combined entity traded under the Otonomo name following the merger. Sign up at SpacDesk for full deal data, filings, and analytics on this and every other SPAC transaction.

Announced
2021-02-01
Closed
2021-08-13
PIPE Raised
$100–250M
Industry
Logistics / Mobility

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SAIISOFTWARE ACQ GPClosed2021-02-012021-08-13$150.0M$142.5MSoftware Acquisition Holdings