Aisin, Airbus, Intel, LG, SBI, Hella and SK Hynix all celebrated a win as AEye agreed to a reverse merger with CF Finance to list on Nasdaq at a $2bn valuation.

AEye, a US-based developer of autonomous vehicle vision systems backed by seven corporates, yesterday agreed to a reverse merger with special purpose acquisition company CF Finance Acquisition Corp III. Existing backers financial services provider SBI Holdings, chipmaker Intel and automotive parts supplier Hella participated in a $225m private investment in public equity through respective vehicles…

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