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Monday, April 5, 2021

Equity Corporate Actions Alert #2021 - 57
Information Regarding the Business Combination of Collective Growth Corporation (CGRO/W/U) and Innoviz

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  • Industry Announcement

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The business combination of Collective Growth Corporation (CGRO/W/U) and Innoviz closed today, April 5, 2021. Following the completion of the business combination, the Class A Common Stock, Warrants, and Units will be suspended from trading. The suspension details are as follows:

Company: Collective Growth Corporation Class A Common Stock
CUSIP#: 19424L101
Symbol: CGRO
Last Trading Date: April 5, 2021
Effective Date for Suspension: April 6, 2021
Merger Consideration: One (1) Innoviz Technologies Ltd. Ordinary Share (INVZ) for each share held.
Company: Collective Growth Corporation Warrant
CUSIP#: 19424L119
Symbol: CGROW
Last Trading Date: April 5, 2021
Marketplace Effective Date for Suspension: April 6, 2021
Merger Consideration: One (1) Innoviz Technologies Ltd. Warrant (INVZW) for each warrant held.
Company: Collective Growth Corporation Unit
CUSIP#: 19424L200
Symbol: CGROU
Last Trading Date: April 5, 2021
Marketplace Effective Date for Suspension: April 6, 2021
Merger Consideration: Each unit will separate into its components.

As a result of the business combination, the combined company will be listed on the Nasdaq Capital Market. The details are as follows:

Company: Innoviz Technologies Ltd. Ordinary Shares
CUSIP#: M5R635108
Symbol: INVZ
Trading Begins: April 6, 2021
Company: Innoviz Technologies Ltd. Warrants expiring 04/05/2026
CUSIP#: M5R635116
Symbol: INVZW
Trading Begins: April 6, 2021

If you would like to register as a market maker in INVZ or INVZW, contact Nasdaq Trading Services at +1 212 231 5100.


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