About Growth Capital Acquisition Corp
Growth Capital Acquisition Corp. is a blank check company. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2010 and is based in New York, New York. Address: The Chrysler Building, New York, NY, United States, 10174
Growth Capital Acquisition Corp News and around…
Latest news about Growth Capital Acquisition Corp (GCAC) common stock and company :
Cepton Technologies, Inc. (“Cepton”), a leader in high performance MMT® lidar solutions for Advanced Driver Assistance Systems (ADAS), Autonomous Vehicles (AV) and Smart Infrastructure applications, announced today that its automotive Tier 1 partner and current shareholder, KOITO MANUFACTURING CO., LTD. (“KOITO”) committed to invest a further $50 million in Cepton’s business. KOITO’s second investment in Cepton’s business since 2020 will be made through KOITO’s participation in a Private Investment in Public Equity (PIPE) offering of shares of common stock of Growth Capital Acquisition Corp. (“Growth Capital”) (Nasdaq: GCAC), a special purpose acquisition company (SPAC), in connection with Cepton’s recently announced proposed merger with Growth Capital. KOITO has agreed to purchase 5,000,000 shares of common stock of Growth Capital in the PIPE at a purchase price of $10.00 per share, which is subject to the completion of, and will close simultaneously with, the business combination.
BALA CYNWYD, PA / ACCESSWIRE / August 5, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Growth Capital Acquisition Corp. ("Growth Capital" or the "Company") (NASDAQ:GCAC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Growth Capital, a special purpose acquisition company, will combine withCepton Technologies, Inc.
Cepton Technologies, Inc. (“Cepton”), an innovator in light detection and ranging (lidar) for automotive Advanced Driver Assistance Systems (ADAS) and vehicle autonomy, to combine with Growth Capital Acquisition Corp. (“Growth Capital”, Nasdaq: GCAC)Business combination follows Cepton securing the ADAS industry’s largest lidar series production award1 from a leading global Top 5 automotive OEM‡, with expected start of deployment in consumer vehicles in 2023With ongoing engagements with all of th
The big shareholder groups in Growth Capital Acquisition Corp. ( NASDAQ:GCAC ) have power over the company...