What does collective growth Corp do?

What does collective growth Corp do?

Collective Growth Corporation is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities, which Collective Growth refers to as its initial business combination.

How do I buy Innoviz stock?

How to buy shares in Innoviz Technologies when it goes public
  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. ...
  4. Research the stock. ...
  5. Purchase now or later.

Is Innoviz publicly traded?

Becoming a publicly-traded company puts Innoviz on the path to global leadership in the autonomous driving space worldwide, among others.” ... We are proud to follow them on their journey as a publicly-traded company,” said Bruce Linton, chairman and CEO of Collective Growth Corporation.

Who is collective growth merging with?

Innoviz Technologies Innoviz Technologies, a technology leader of high-performance, solid-state LiDAR sensors and perception software, has entered into a definitive agreement to merge with Collective Growth Corporation (NASDAQ: CGRO) in a transaction sponsored by Antara Capital LP and Perception Capital Partners LLC.

Is Innoviz a buy?

Innoviz Technologies has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Why does Elon not like LiDAR?

But Musk has long insisted that he can deliver a self-driving car using cameras alone. At Tesla's Autonomy Day event in 2019, he called the technology a "fool's errand" and said "anyone relying on lidar is doomed." He also slammed lidar as "expensive sensors that are unnecessary."