Tech article

May Mobility is going public in a $1.4B SPAC deal

Publisher description: The deal could net the asset-light robotaxi company more than $300 million in funding.

TechCrunch | Sep 16, 2026 | Sean O'Kane

Automated excerpt

Autonomous vehicle company May Mobility is merging with a special purpose acquisition company (SPAC) and will become a publicly traded company. These deployments helped May Mobility generate around $10 million in revenue last year, with a cash burn of around $93 million. May Mobility is merging with ACP Holdings Acquisition Corp. , a special purpose acquisition company established by Houston, Texas-based investment management company Atlas Credit Partners.

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