Consideration$283M
TypeMerger
AcquirerAndretti Acquisition Corp.
AnnouncedSep 6, 2023
Mixed
A mixed exit — some signals are below the norm.
Deal size vs peers
A small Merger versus peers.
Liquidity type
Merger — a negotiated combination.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.