Cepton, Inc. Announces Agreement for $100 Million Investment …

Oct 27, 2022  · Under the terms of the Investment Agreement, which has been unanimously approved by Cepton’s board of directors, Koito will purchase $100 million of convertible …


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Cepton, Inc. Announces Agreement For $100 Million Investment …

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Oct 27, 2022  · Under the terms of the Investment Agreement, which has been unanimously approved by Cepton’s board of directors, Koito will purchase $100 million of convertible …

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Cepton, Inc. Announces Closing Of $100 Million Investment From …

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Jan 20, 2023  · SAN JOSE, Calif.-- (BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today the …

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Cepton's Partner And Shareholder Koito To Invest $100M To …

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Oct 27, 2022  · Under an agreement dated October 27, 2022, which Cepton's board has unanimously approved, Koito will purchase $100 million of convertible preferred stock, with a …

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Cepton's Partner And Shareholder Koito To Invest $100M To

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Oct 27, 2022  · Cepton, Inc (NASDAQ: CPTN), a Silicon Valley innovator and player in high-performance lidar solutions, agreed to a $100 million investment from its long‐term automotive …

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Cepton Announces $100M Investment From Koito Manufacturing

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SAN JOSE, CA, Oct 28, 2022 – Cepton, Inc., a Silicon Valley innovator and leader in high performance lidar solutions, announced that it has entered into a binding investment …

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Cepton In Troy Closes On $100M Investment From Japan’s Koito ...

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Jan 23, 2023  · Cepton Inc., a Silicon Valley provider of high performance lidar solutions with a Center of Excellence in Troy, has completed its previously announced $100 million investment …

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Cepton Announces The Completion Of A $100M Investment

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Jan 20, 2023  · Cepton, Inc., a Silicon Valley innovator and leader in high performance lidar solutions, announced today that its previously announced $100 million investment (the …

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Cepton Rallies After $100M Investment Deal With Koito …

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Oct 27, 2022  · Cepton (NASDAQ:CPTN) stated Thursday it has signed a binding agreement to receive $100M investment from its long-term automotive Tier 1 partner and current …

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Cepton Closes US$100m Investment - Yole Group

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Feb 2, 2023  · High-performance lidar solutions business Cepton has completed its previously announced US$100m investment from long-term automotive Tier 1 partner and current …

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Cepton Announces Closing Of $100M Investment From Koito

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Cepton announced the completion of its previously announced $100M investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing (KOTMY) on …

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Cepton Obtains $100M Investment From Koito Manufacturing For …

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Oct 28, 2022  · Cepton Technologies Inc. yesterday announced that it has entered into a $100 million binding investment agreement with partner and shareholder Koito Manufacturing Co. …

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Cepton Receives $100M Investment From Koito To ... - GoPhotonics

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Nov 7, 2022  · Cepton, a Silicon Valley innovator and leader in high performance lidar solutions, has announced that it has entered into a binding investment agreement for a $100 million …

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Cepton's Partner And Shareholder Koito To Invest $100M To …

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Oct 27, 2022  · Cepton, Inc (NASDAQ: CPTN), a Silicon Valley innovator and player in high-performance lidar solutions, agreed to a $100 million investment from its long‐term automotive …

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Cepton, Inc. Announces New Investment Intent For Up To $100 …

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Aug 30, 2022  · SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 30, 2022-- Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, …

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Cepton Announces Agreement For $100 Million Investment From …

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Cepton has entered into a binding agreement with our long-term automotive Tier 1 partner and current shareholder, Koito, for a $100 million…

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Cepton, Inc. Announces Agreement For $100 Million Investment …

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Oct 27, 2022  · Under the terms of the Investment Agreement, which has been unanimously approved by Cepton’s board of directors, Koito will purchase $100 million of convertible …

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Cepton Announces $50M Committed Investment From KOITO

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Aug 5, 2021  · SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton Technologies, Inc. (“Cepton”), a leader in high performance MMT® lidar solutions for Advanced Driver Assistance Systems …

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FAQs about Cepton, Inc. Announces Agreement for $100 Million Investment … Coupon?

What does Koito's investment agreement mean for Cepton?

Under the terms of the Investment Agreement, which has been unanimously approved by Cepton’s board of directors, Koito will purchase $100 million of convertible preferred stock (the “Preferred Stock”), with a purchase price of $1,000 per share. ...

Why did Cepton invest in Koito?

The proceeds from the proposed investment from Koito, in the form of convertible non-voting preferred stock, would fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment. Cepton and Koito’s long history of collaboration started in 2017 and resulted in the industry’s largest known ADAS lidar series production award. ...

How much will Koito pay for Cepton's convertible preferred stock?

Under an agreement dated October 27, 2022, which Cepton's board has unanimously approved, Koito will purchase $100 million of convertible preferred stock, with a purchase price of $1,000 per share. ...

Will Cepton's new investment strengthen Koito's financial position?

Cepton has been a valued partner of Koito, as represented by our previous capital investments, and we expect our latest proposed investment to help strengthen Cepton’s financial position and solidify Koito’s commitment in lidar as a crucial component in both automotive and non-automotive applications,” said Mr. Michiaki Kato, Koito’s President. ...

What happens if you eat a Cepton investment?

Consummation of any such investment would be subject to, among other things, negotiation of key transaction terms, entry into definitive agreements, the approval of Cepton’s shareholders and satisfaction of applicable closing conditions. ...

Who owns Cepton lidars?

Dating back to 2017, Cepton and Koito have a strong history of collaboration, and this marks Koito’s third investment in Cepton since 2020. As a direct result of their partnership, Cepton and Koito were awarded the industry’s largest known ADAS lidar series production award. ...

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