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May Mobility plans pure-play autonomous ride-hail via ACP deal

May Mobility and ACP Holdings Acquisition Corp. (Nasdaq: ACGC) announced they entered into a business combination agreement, aiming to create the first U.S. publicly listed pure-play autonomous ride-hail technology company.

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12:33:16 PM UTC
SquawkNews
ACP Holdings Acquisition: Transaction Expected to Deliver Gross Proceeds of Up to $337 M, Subject to Redemptions by ACP Holdings' Public Holders >ACGC

, Sept. 16, 2026 // -- May Mobility, Inc. ("May Mobility"), a global autonomous vehicle (AV) technology company, and ACP Holdings Acquisition Corp. (Nasdaq: ACGC) ("ACP Holdings"), a publicly traded special purpose acquisition company, said they have entered into a definitive business combination agreement that is expected to create a pure-play autonomous ride-hail company focused on safety, reliability and scale.

The transaction is expected to close in 2026, and the combined company is expected to remain focused on bringing autonomous ride-hail services to market.