Chinese SPAC AI Transportation Acquisition files to raise $50m in US IPO

Chinese SPAC AI Transportation Acquisition files to raise $50m in US IPO

Photographer: Victor J. Blue/Bloomberg

AI Transportation Acquisition, a special purpose acquisition company (SPAC) managed by a Beijing-based team, has filed to raise up to $50 million in an initial public offering (IPO) in the US.

Edited by: Pramod Mathew

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