Lidar Maker Cepton in Merger Talks With Growth Capital SPAC
Transaction would value company at $1.5 billion including debt. Cepton lidar deal in July is said to have been with GM. Automotive technology company Cepton Technologies Inc. is in discussions to go public through a reverse merger with a blank-check company, according to people familiar with the matter.The San Jose, California-based startup is seeking to combine with Growth Capital Acquisition Corp. in a deal that is valued at about $1.5 billion including debt, said one of the people, who asked