Industrial Tech Acquisitions II, Inc.
ITAC is a Nasdaq listed SPAC (NASDAQ: ITAQU )
Industrial Tech Acquisitions II, Inc. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search on targets operating in the industrial focused technology areas including software, mobile and Internet of Things (“IoT”) applications, digital and energy transformation, cloud communications and high bandwidth services, including LTE, remote sensing and 5G communications.
Industrial Tech Acquisitions, Inc.
ITAC closed its business combination with Arbe Robotics, Ltd. (NASDAQ: ARBE )
Industrial Tech Acquisitions, Inc. (ITAC), was a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. ITAC is sponsored by Texas Ventures, and our approach is to identify emerging trends and opportunities prior to recognition by the broader marketplace, and to take a proactive approach in working with entrepreneurs and managers who have the determination to build world-class companies.
Arbe Robotics, Ltd. was identified as the target for de-SPAC and the business combination was completed on Thursday, October 7, 2021. The combined company retained the Arbe Robotics name and its ordinary shares and warrants commenced trading on Nasdaq on October 8, 2021 under the ticker symbols "ARBE" and "ARBEW," respectively.