Amazon decides it's time 'to shout' about its air cargo offering
Amazon Air Cargo has decided it’s time to make its presence felt in the industry ...
Photo: © Marcos del Mazo | Dreamstime.com
SEEKING ALPHA reports:
– Amazon (NASDAQ:AMZN) is reportedly in talks to acquire an up to 20% stake in self-driving truck company Plus, which is planning to go public through a reverse merger with SPAC Hennessy Capital (NASDAQ:HCICU).
– Bloomberg sources say Amazon has placed an order with Pus for 1,000 autonomous trucks.
– The stake purchase would allow Amazon to buy preferred shares of Plus through a warrant at $0.46647 per share, according to a source…
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