Last of the SPACs? Arogo combines with Eon Reality to make EOXR

In spite of growing disillusion with the SPAC strategy to goose the IPO market, Arogo and Eon Reality announce a deal worth $655 million. Eon lays out big plans in Istanbul.

Kathleen Maher

Arogo is a special-purpose acquisition corporation, a SPAC. It is joining with Eon Reality to form a publicly traded company called Eon Reality, Inc. and will trade under the symbol EOXR. Eon Reality was founded 20 years ago in Sweden and has grown through acquisition, with offices all over the world. The company will be led by founder Dan Lejerskar, the current CEO. The company says it has seen substantial growth in recent years with its shift to the education and training market. The company says knowledge is a human right, which should be available, accessible, and affordable for every

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