Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger
socalTECH
FEBRUARY 28, 2018
Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. As a result of the merger, Stellar is renaming itself as Phunware, Inc., and will start trading under the new stock symbols PHUN and PHUNw. The two said the acquisition values Phunware at an enterprise value of $301M. READ MORE>>.
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