SoftBank-backed Berkshire Grey to go public via $2.7 billion SPAC deal

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan

SoftBank-backed robotics firm Berkshire Grey said on Wednesday it has agreed to go public through a merger with blank-check firm Revolution Acceleration Acquisition Corp in a deal valuing the equity of the combined company at $2.7 billion.

This is Softbank’s first major push in 2021.

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