Cepton, Inc. Announces Closing of $100 Million Investment from …

Jan 20, 2023 · → View press release on Business Wire ‍ SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high …

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

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Jan 20, 2023 · → View press release on Business Wire ‍ SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high …

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

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Jan 11, 2023 · Cepton, Inc., a Silicon Valley innovator and leader in high performance lidar solutions, announced today the completion of its previously announced $100 million …

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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 Announces $100M Investment From Koito Manufacturing

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Oct 28, 2022 · At Cepton’s election, the Preferred Stock carries a 4.250% per annum dividend if paid in kind or a 3.250% per annum dividend if paid in cash, in each case paid quarterly in …

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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 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, 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 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 $50M Committed Investment From KOITO

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Aug 5, 2021 · In 2020, KOITO made an investment in Cepton to help accelerate Cepton’s development and enable KOITO’s industrialization of high-performance and high-reliability …

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FAQs about Cepton, Inc. Announces Closing of $100 Million Investment from … 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. ...

Is Koito investing in Cepton?

Dating back to 2017, Cepton and Koito have a strong history of collaboration, and this marks Koito’s third investment in Cepton since 2020. © Cepton, Inc. ...

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. ...

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. ...

How has Koito been with Cepton?

From receiving our ADAS series production design win to becoming a publicly traded company, Koito has been with us throughout our journey, and I look forward to achieving many more milestones together in the years to come,” said Dr. Jun Pei, Cepton’s Co-Founder and CEO. ...