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home / news releases / INVZ - Quanergy: Another Lidar SPAC Hits Crowded Market

INVZ - Quanergy: Another Lidar SPAC Hits Crowded Market

Innoviz Technologies Ltd.
  • Quanergy announces a deal with a Chinese sponsored SPAC to go public.
  • The lidar sensor sector will now have 7 public companies.
  • The stock is one to avoid as general SPAC weakness and a crowded space is unlikely to lead to much investor appetite until long after the deal closes.

For further details see:

Quanergy: Another Lidar SPAC Hits Crowded Market
Stock Information
Company Name: Innoviz Technologies Ltd.
Stock Symbol: INVZ
Market: NASDAQ
Website: innoviz.tech
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