May Mobility to go public via ACP Holdings Acquisition deal valuing company at USD 1.4 billion

May Mobility announced plans on Sept. 16 to go public via a business combination with ACP Holdings Acquisition Corp. Transaction implies a pro forma enterprise value of about $1.4 billion. Deal expected to deliver up to $337 million in gross proceeds, subject to shareholder redemptions. Combined company expected to trade on Nasdaq under ticker MAY once the transaction closes. May Mobility reported more than 550,000 commercial autonomous rides covering 1.1 million miles across the U.S. and Japan. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ann Arbor Spark Foundation published the original content used to generate this news brief on September 18, 2026, and is solely responsible for the information contained therein. (C)