Podcast: Tempo Automation President & CEO Joy Weiss and Chairman Behrooz Abdi
by Kristi Marvin on 2023-02-01 at 7:18am

Electronics manufacturing is a huge sector, but it’s also fragmented, particularly at the early stages of a new product’s lifecycle.

With its SPAC deal, Tempo Automation (NASDAQ:TMPO) is hoping to change that.

This week, we speak with Tempo Automation President and CEO Joy Weiss and Chairman Behrooz Abdi.

Tempo combined with ACE Convergence Acquisition Corporation in November 2022, and Joy explains the advantages of the SPAC route for Tempo’s consolidation strategy.

Behrooz, who led ACE Convergence’s team before the merger, walks us through the technology landscape from a SPAC’s perspective and what it was like getting a deal to close under challenging market conditions.

Give it a listen


 

 

Recent Posts
by Nicholas Alan Clayton on 2024-04-25 at 8:04am

At the SPAC of Dawn There are signs that the macro environment for SPACs is gradually improving, but the Screaming Eagle team yesterday announced a non-redemption agreement for its combination with Lionsgate Studios. Such agreements are generally a lever one pulls when a SPAC expects a potentially turbulent closing. All in all, the terms for...

by Nicholas Alan Clayton on 2024-04-24 at 4:09pm

Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...

by Nicholas Alan Clayton on 2024-04-24 at 8:07am

At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...

by Nicholas Alan Clayton on 2024-04-23 at 4:05pm

Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...

by Nicholas Alan Clayton on 2024-04-23 at 7:50am

At the SPAC of Dawn Tucked into the bill that provides $95 billion in funding to American allies passed by the House this weekend is another measure that is likely to have far more impact on at least one pending deal in SPAC world. It would appear that the timing was fortuitous for TikTok rival...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved