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BusinessWire: Cepton Signs Definitive Agreement to be Acquired by Koito

July 29, 2024

Cepton, Inc., a Silicon Valley innovator and leader in high performance lidar solutions, announced that it has signed a definitive agreement providing for the acquisition by Koito Manufacturing Co., Ltd., a leading automotive tier one supplier, of all of the outstanding capital stock not owned by Koito for US$3.17 per share in an all-cash transaction. O’Melveny LLP serves as legal advisor to Cepton.

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