Virtuoso Acquisition Corp., a blank check company, intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Westport, Connecticut.
IPO Year:
Exchange: NASDAQ
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Combined Company to Be Called Wejo; Common Stock and Warrants to Commence Trading on Nasdaq Under WEJO and WEJOW Wejo, a global leader in connected vehicle data, and Virtuoso Acquisition Corp. ("Virtuoso") (NASDAQ:VOSO), a publicly traded special purpose acquisition company, today announced that they have completed their previously announced merger. The combined company will operate under the Wejo name, and its common stock and warrants are expected to commence trading on the Nasdaq Stock Market at the opening of trading on November 19, 2021 under the new ticker symbols "WEJO" and "WEJOW," respectively. In connection with the merger and related private investment in public equity (PIPE) f
Transaction Expected to Close on November 18 Combined Company to be Called Wejo Common Stock and Warrants Expected to Commence Trading on November 19 on the Nasdaq Stock Market as WEJO and WEJOW Virtuoso Acquisition Corp. ("Virtuoso") (NASDAQ:VOSO), a publicly traded special purpose acquisition company, today announced that Virtuoso stockholders voted to approve its proposed merger with Wejo Group Limited ("Wejo" or the "Company"), a global leader in connected vehicle data, at a Special Meeting of Shareholders held on November 16, 2021. The merger is expected to close on November 18, 2021 and the common stock and warrants of the combined company, which will be called Wejo, are expected
New Forward Purchase Agreement with Apollo For Up to $75 Million Mason Stevens Provides Additional PIPE Investment Bringing Total Financing to $128.5 Million Wejo Group Limited ("the Company" or "Wejo"), a global leader in connected vehicle data, and Virtuoso Acquisition Corp. ("Virtuoso") (NASDAQ:VOSO), a publicly traded special purpose acquisition company, today announced two agreements to secure additional financing arrangements related to their proposed merger through which Wejo expects to become a publicly listed company: Forward Purchase Agreement. An affiliate of Wejo has entered into a forward purchase agreement, a derivate transaction, for up to 7.5 million shares of Virtuoso w
Wejo is partnering with Microsoft to build cloud infrastructure to deliver near real-time vehicle data and significantly enhanced predictive analytics Wejo (the "Company"), a global leader in connected vehicle data, today reported additional progress in its strategic partnership with Microsoft in which Wejo's robust suite of data assets are being built on the Microsoft Azure cloud platform, enabling near real-time data exchange and the ability to deliver a range of new solutions to the broader mobility sector. The partners demonstrated this progress in a video released today. Wejo has to date ingested 12 trillion of data points from nearly 12 million connected vehicles, including informat
Wejo, a global leader in connected vehicle data, today commented on the Infrastructure and Jobs Act, one of the largest U.S. infrastructure packages in history, passed by the U.S. House of Representatives on Friday. The legislation aims to invest roughly $1 trillion for upgrading U.S. critical infrastructure, which provides an immense opportunity for the broader connected mobility industry, and further Wejo's mission to solve critical transportation challenges. Richard Barlow, founder and CEO of Wejo, stated: "The Infrastructure and Jobs Act represents a significant milestone in the path to modernizing the U.S. transportation ecosystem, which we believe is well-aligned with Wejo's mission
Utilizing Hella's comprehensive sensor and diagnostic expertise, Wejo is identifying new use cases for connected vehicle data with broad implications across the diagnostic, roadside assistance and connected vehicle sectors Collaboration between companies in R&D and other areas are on the forefront of the broader mobility revolution and are providing transformative insights about vehicles and their environments where they are used Wejo, a global leader in connected vehicle data, and Hella Gutmann Solutions ("Hella Gutmann"), a leading diagnostics and automotive data provider, which is a subsidiary of HELLA GmbH & Co. KGaA ("Hella"), one of the world's leading automotive suppliers, toda
Wejo, a global leader in connected vehicle data, today announced that members of its management team will participate in the following conferences on November 17, 2021: Third Annual Needham Virtual Big Data/Infrastructure Software 1x1 Conference. CEO and Founder Richard Barlow will host investor meetings. Founders Conference. CEO and Founder Richard Barlow will participate in a panel at the Founders Conference in Brooklyn, NY. The panel is titled "Smart Cities: How Mobility Can Unlock Sustainability in Cities." Piper Sandler Battery Summit in Palo Alto, California. Chief Financial Officer, John Maxwell, and Executive Vice President of Automotive and Mobility, Benoit Joly, will condu
Former Corporate Vice President of R&D for General Motors Joins Accomplished Executives and Industry Pioneers from Procter & Gamble, Vonage, and Dataminr Wejo, a global leader in connected vehicle data, today announced the appointment of Lawrence D. Burns, former Corporate Vice President of Research and Development at General Motors, to its Board of Directors. Mr. Burns' appointment will take effect following its upcoming business combination with Virtuoso Acquisition Corp. (NASDAQ:VOSO) ("Virtuoso"). Mr. Burns joins a board that includes directors with diverse and complementary backgrounds in areas critical to Wejo's business. Non-executive directors include Timothy Lee, Chairman of the
Stockholders of Record as of October 14, 2021 are Eligible to Vote at Special Meeting Upon Closing, Combined Company Stock and Warrants will Trade on Nasdaq Under WEJO Ticker Symbols Virtuoso Acquisition Corp. ("Virtuoso") (NASDAQ:VOSO), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission has declared effective the registration statement of Wejo Group Limited on Form S-4 (the "Registration Statement") in connection with Virtuoso's previously announced proposed business combination with Wejo, a global leader in connected vehicle data. The Registration Statement includes a definitive proxy statement/prospectus and provides
Wejo's Proprietary Data to Create Real-Time Mapping Solutions Wejo, a global leader in connected vehicle data, today announced an expanded collaboration with Microsoft through which Wejo's real-time mapping and traffic data will be integrated with Microsoft mapping services to deliver enhanced accuracy, safety, and efficiency to its location services. The expansion of the strategic relationship follows the company's previous announcement that Wejo will build its suite of data and intelligence solutions on the Microsoft Azure cloud platform. Accounting quickly and accurately for new roads, routes, journey times, and travel disruption information is a challenging problem for mapping service
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Live Leadership Updates
Former Corporate Vice President of R&D for General Motors Joins Accomplished Executives and Industry Pioneers from Procter & Gamble, Vonage, and Dataminr Wejo, a global leader in connected vehicle data, today announced the appointment of Lawrence D. Burns, former Corporate Vice President of Research and Development at General Motors, to its Board of Directors. Mr. Burns' appointment will take effect following its upcoming business combination with Virtuoso Acquisition Corp. (NASDAQ:VOSO) ("Virtuoso"). Mr. Burns joins a board that includes directors with diverse and complementary backgrounds in areas critical to Wejo's business. Non-executive directors include Timothy Lee, Chairman of the
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