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SPAC · Merger completed

Ventoux CCM Acquisition Corp.

Business combination with E La Carte, Inc.

Ventoux CCM Acquisition Corp. is a blank-check company (SPAC) that raised $150M in its initial public offering on Dec 28, 2020, listing on Nasdaq Capital Market. It completed its business combination with E La Carte, Inc. on Sep 21, 2022; the combined company is Presto Automation Inc. (PRST). Loeb & Loeb advised the SPAC and Greenberg Traurig advised the underwriters on the IPO.

E La Carte is a labor automation technology provider that has shipped over 250,000 systems. It is the target of a proposed business combination with Ventoux, a special purpose acquisition company.

Status
Merger completed
IPO date
Dec 28, 2020
IPO size
$150M
IPO exchange
Nasdaq Capital Market
Target
E La Carte, Inc. (d/b/a Presto)
Announced
Nov 10, 2021
Closed
Sep 21, 2022
Combined company
Presto Automation Inc. (PRST)
SPAC counsel (IPO)
Loeb & Loeb
Underwriters' counsel (IPO)
Greenberg Traurig

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