Cepton receives indication of interest from Koito Manufacturing
Cepton receives non-binding interest from Koito for 100% acquisition
In a press release on Dec. 21, Cepton, a Silicon Valley, Calif.-based company specializing in lidar solutions, said that it has received a non-binding indication of interest from Koito Manufacturing to acquire 100% of the company's outstanding shares not already owned by Koito or certain other potential rollover participants, including the company's President and CEO Jun Pei.
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