SA: Amazon eyeing stake in self-driving truck company Plus

Amazon warehouse

Photo: © Marcos del Mazo | Dreamstime.com

By LoadstarEditorial

21/06/2021

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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Amazon Hennessy Capital Plus Self-driving vehicles FBA fdx FedEx the ecommerce equation

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