Otonomo Technologies, Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II (Nasdaq: SAII), a US publicly traded special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination. February 1, 2021 - 6:49 am. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Software Acquisition Group Inc II M&A Partner Otonomo Says SWAT Mobility Selects Co As Data Partner Benzinga Newsdesk , Benzinga Staff Writer FOLLOW June 08, 2021 8:21am 1 min read Comments 1 comment share About Software Acquisition Group Software Acquisition Group, Inc. II. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Software Acquisition Group Inc. II. The deal with Software Acquisition Group Inc II SAII.O is expected to fetch Otonomo $307 million in cash, including a $172.5 million private investment from investors such as … Software Acquisition Group Inc. II operates as a blank check company. Software Acquisition Group Inc. II Announces Filing of Registration Statement on Form F-4 by Otonomo Technologies Ltd. in Connection With Its Proposed Business Combination with Otonomo Latham & Watkins LLP represented Otonomo Technologies Ltd. in the transaction. The Technology, Venture Capital, and Special Purpose Acquisition Companies (SPACs) are advising Otonomo Technologies Ltd. investor Bessemer Venture Partners on Otonomo’s business combination with Software Acquisition Group Inc. II (Nasdaq: SAII), a publicly traded SPAC. Do NOT follow this link! Otonomo will make the move by merging with a special purpose acquisition company, or SPAC, called Software Acquisition Group Inc. II. Software Acquisition securities are listed on the Nasdaq Capital Market under the ticker symbols SAII, SAIIU and SAIIW. Under the terms of the merger agreement, SAII will acquire Otonomo through a reverse merger, with Otonomo emerging as publicly traded company. (Bloomberg) -- Otonomo, an Israeli startup that operates a data platform linked to millions of connected cars, is in talks to go public through a merger with Software Acquisition Group Inc. II, according to a person with knowledge of the matter. Herzliya, Israel and Las Vegas, Nevada, March 12, 2021 (GLOBE NEWSWIRE) — Software Acquisition Group Inc II (NASDAQ: SAII) (“Software Acquisition Group”), … HERZLIYA, Israel & LAS VEGAS-- ( BUSINESS WIRE )-- Otonomo Technologies, Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II (Nasdaq: SAII), a US publicly traded special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination. The Israeli-based startup said Monday it has agreed to merge with special purpose acquisition company Software Acquisition Group Inc. II with a valuation of $1.4 billion. “One opportunity is usage-based car insurance,” the research firm said. Otonomo Technologies Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II (Nasdaq: SAII), a US publicly traded special purpose acquisition company, have announced that they have entered into a definitive agreement for a business combination. Otonomo’s existing shareholders are rolling approximately 97% of their equity into the combined company and will own approximately 72% of the issued and outstanding shares immediately following closing of the business combination, assuming no redemptions by Software Acquisition’s public stockholders. Otonomo Technologies Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II (Nasdaq: SAII), a US publicly traded special purpose acquisition company, have entered into a definitive agreement for a business combination. Software Acquisition Group Inc. II (SAII)relating to its proposed merger with Otonomo Technologies Ltd. We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Software Acquisition Group Inc. II (“SAII” or the “Company”) (NASDAQ: SAII) in connection with the Company’s proposed merger with Otonomo Technologies Ltd. (“Otonomo”), a privately held automotive data services platform. Terms of the deal call for Software Acquisition to combine with Otonomo at an estimated $1.4 billion pro forma equity value. Software Acquisition Group Inc. II is a blank check company. The deal gives Otonomo a valuation of $1.4 billion. The deal is being conducted at a $1.4 billion valuation for Otonomo and will be completed in the second quarter of 2021 and will include a net injection of $280 million into … Otonomo, an Israeli company that collects and sells a range of data from millions of passenger cars, on Monday announced plans to go public via a … Israeli auto-tech company Otonomo has announced that it is merging with special purpose acquisition company (SPAC) Software Acquisition Group Inc. II (Nasdaq: SAII) and will trade on Nasdaq under the OTMO ticker. Software Acquisition Group Inc. II (NASDAQ:OTMO) has entered a definitive agreement to combine with vehicle data marketplace Otonomo for an enterprise value of $1.1 billion. Otonomo Technologies Ltd. (Otonomo), provider of a leading platform and marketplace for vehicle data and positioned at the epicenter of the data revolution in the automotive and mobility space, announces a business combination with Software Acquisition Group Inc. II (Nasdaq: SAII) ("Software Acquisition"), a publicly traded special purpose acquisition company or SPAC, to … As part of the transaction, Otonomo will fetch $307 million in cash, including a $172.5 million private investment from investors such as Fidelity Management & Research Co and … Software Acquisition Group Inc. II is primarely in the business of blank checks. For more information, visit www.otonomo.io . Software Acquisition Group, Inc. II. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. This BUSINESS COMBINATION AGREEMENT (this “Agreement”), dated as of January 31, 2021, is entered into by and among Software Acquisition Group Inc. II, a Delaware corporation (“SPAC”), Butterbur Merger Sub Inc., a Delaware corporation (“Merger Sub”), and Otonomo Technologies Ltd., a company organized under the laws of the State of Israel … The first one is based on the premise that the Special Purpose Acquisition Corps (SPACs) have a theoretical share price floor of $10 and, therefore, buying near this price supposes a "more secure move" as the price is concluded to go up after the merger is announced and completed if the merged company is valuable. Otonomo to List on Nasdaq Through Business Combination with Software Acquisition Group Inc. II (SAII) Article Related Press Releases ( 1 ) Stock Quotes (2) … https://www.nanalyze.com/2021/02/investing-automotive-data- Herzliya, Israel and Las Vegas, Nevada, March 12, 2021 (GLOBE NEWSWIRE) -- Software Acquisition Group Inc II (NASDAQ: SAII) (“Software Acquisition Group”), a US publicly-traded special purpose acquisition company, announced today that Otonomo Technologies Ltd. (“Otonomo”) has filed with the U.S. Securities and Exchange Commission (“SEC”) a registration … We have divided this idea into two main parts. Israeli automotive data firm Otonomo announced on Monday it is to list on Nasdaq through a business combination with Software Acquisition Group Inc. II.. BUSINESS COMBINATION AGREEMENT . Software Acquisition Group Inc established Software Acquisition Group Inc. II to invest in a world class software company that is positioned to be the leading player in a market that has enormous potential. It says Otonomo, going public with Software Acquisition Group II (NASDAQ: SAII), has a large opportunity in the market. Otonomo Technologies Ltd. (Otonomo), provider of a leading platform and marketplace for vehicle data and positioned at the epicenter of the data revolution in … Otonomo … Herzliya, Israel and Las Vegas, Nevada, March 12, 2021 (GLOBE NEWSWIRE) -- Software Acquisition Group Inc II (NASDAQ: SAII) (“Software Acquisition Group”), a US publicly-traded special purpose acquisition company, announced today that Otonomo Technologies Ltd. (“Otonomo”) has filed with the U.S. … Otonomo, the cloud-based software startup that help companies capture and monetize connected car data, is headed to the public market. The Israeli-based startup said Monday it has agreed to merge with special purpose acquisition company Software Acquisition Group Inc. II with a valuation of $1.4 billion. The deal with Software Acquisition Group Inc II is expected to fetch Otonomo $307 million in cash, including a $172.5 million private investment from … Software Acquisition Group, Inc. II. The transaction is expected to result in excess of $307 million in cash comprised of Software Acquisition… Otonomo Technologies, a platform and marketplace for vehicle data, and Software Acquisition Group II today announced they have entered into a definitive agreement for a business combination. This communication relates to a proposed business combination between Otonomo Technologies Ltd. (“Otonomo”) and Software Acquisition Group Inc. II … Otonomo recently announced a business combination with Software Acquisition Group Inc. II (Nasdaq: SAII), a publicly traded special purpose acquisition … Otonomo Technologies, Ltd., a leading platform and marketplace for vehicle data, and Software Acquisition Group, Inc. II (Nasdaq: SAII), a US publicly traded special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination.Upon closing of the transaction, the combined … If you own common stock in Software Acquisition Group Inc. II and wish to obtain additional information and protect your investments free of charge, please visit our website or … For more information, visit www.otonomo.io. For financial reporting, their fiscal year ends on December 31st. Tax Planning; Personal Finance; Save for College; Save for Retirement; Invest in Retirement

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