Automotive technology company Cepton Technologies Inc. is in discussions to go public through a reverse merger with the blank-check company Growth Capital Acquisition Corp., (GCAC) according to people familiar with the matter.
Update(s):
August 5, 2021: Cepton Technologies, Inc. and Growth Capital Acquisition (GCAC) entered into a definitive business combination agreement. Upon the closing of the transaction, the combined company will be renamed “Cepton, Inc.” and is expected to be listed on the Nasdaq stock exchange under the new ticker symbol “CPTN”.