Self-driving
May Mobility agreed to go public on Nasdaq by merging with ACP Holdings Acquisition Corp., a deal valuing it at about $1.4 billion. Closing is expected by the end of 2026.
A dated step forward on the record · Company-reported
What the source says
“The business combination implies a pro forma enterprise value of approximately $1.4 billion for May Mobility.”
What it means
May Mobility, from May Mobility, is at stage 4 of 5 on our ladder: paying customers. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: A person sits at the wheel, ready to take over.
More on May Mobility
- May Mobility said it had given more than 550,000 commercial self-driving rides over 1.1 million miles in the US and Japan, including three services with no driver.
- May Mobility and Lyft began their first commercial service, with a small fleet of self-driving Toyota Siennas in Midtown Atlanta on weekdays and a safety operator in the front seat.