ACP Holdings Acquisition Corp（ACGC）資訊與事件ACGCACP Holdings Acquisition Corp

May Mobility and ACP Holdings Merge with Pro Forma Enterprise Value of $1.4B

May Mobility and ACP Holdings Acquisition announced that they have entered into a definitive business combination agreement. The transaction is expected to position May Mobility as the first U.S. publicly listed pure-play autonomous ride-hail technology company. The business combination implies a pro forma enterprise value of approximately $1.4B. The transaction is expected to deliver gross proceeds of up to $337M, subject to redemptions by ACP Holdings' public stockholders. Upon the closing of the transaction, the combined company is expected to operate as "May Mobility, Inc." and list on the Nasdaq Stock Market under the ticker symbol "MAY." May Mobility is a pioneer of an asset-light, partnership-first approach to deploying physical AI in autonomous ride-hail applications, differentiating itself in an industry traditionally dominated by asset-heavy fleet operators. May Mobility generated approximately $10M in revenue in 2025 with a 27% gross margin, reflecting early commercialization of its ride-hail partnerships. Despite expansion into new markets and the development of frontier autonomous technology, May Mobility's cash burn in 2025 totaled approximately $93M. The combined company is expected to receive up to $337M in gross proceeds, comprising: Up to $217M from ACP Holdings' trust account, subject to redemptions by ACP Holdings' public shareholders; and a fully committed PIPE of $120M with institutional and strategic investors, including an affiliate of Atlas Credit Partners co-anchoring the PIPE. The boards of directors of both May Mobility and ACP Holdings have each unanimously approved the proposed business combination. The closing of the business combination is expected to occur by year-end, subject to the satisfaction of customary closing conditions. Cantor Fitzgerald & Co. is serving as exclusive financial advisor and lead capital markets advisor to ACP Holdings in connection with the transaction, and as lead PIPE placement agent. O'Melveny & Myers is serving as Cantor Fitzgerald's legal counsel. DLA Piper is serving as legal advisor to ACP Holdings. Latham & Watkins is serving as legal counsel to May Mobility.