COVA /
Yigatong Technology
Yigatong Technology agrees to merge with Cova Acquisition Corp.
- Valuation
- US$3.4bn
- Stage
- Agreement signed
What happened
Yigatong Technology and Cova Acquisition Corp. signed a merger agreement. The transaction values Yigatong’s equity at US$3.4 billion.
Yigatong Technology develops automotive intelligent technology, including in-vehicle infotainment systems, digital cockpits and in-vehicle chip module solutions.
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Yigatong Technology agrees to merge with Cova Acquisition Corp.
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