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Innoviz Technologies Ltd. had a successful — if not spectacular — debut on the public markets Tuesday. The company’s shares jumped nearly 11% in their first day of trading after Innoviz completed its merger with a “blank check” company. The Israel-based business, which has an office in Santa Clara, raised $371 million by merging with Austin, Texas-based Collective Growth Corp.
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Source: https://blog.ourcrowd.com/shares-of-lidar-maker-innoviz-jump-nearly-11-after-spac-merger/