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SPAC · Merger completed

Growth Capital Acquisition Corp.

Business combination with Cepton Technologies, Inc.

Growth Capital Acquisition Corp. is a blank-check company (SPAC) that raised $150M in its initial public offering on Feb 2, 2021, listing on Nasdaq Capital Market. It completed its business combination with Cepton Technologies, Inc. on Feb 10, 2022; the combined company is Cepton, Inc. (CPTN). Maxim Group led the IPO. Ellenoff Grossman & Schole advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Cepton Technologies provides intelligent lidar-based solutions for automotive ADAS and autonomous vehicles, smart cities, smart spaces and smart industrial applications. Founded in 2016, it focuses on mass-market commercialization of high-performance lidar.

Status
Merger completed
IPO date
Feb 2, 2021
IPO size
$150M
IPO exchange
Nasdaq Capital Market
Target
Cepton Technologies, Inc.
Announced
Aug 5, 2021
Closed
Feb 10, 2022
Combined company
Cepton, Inc. (CPTN)
IPO underwriters
Maxim Group
SPAC counsel (IPO)
Ellenoff Grossman & Schole
Underwriters' counsel (IPO)
Loeb & Loeb

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