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GOOG Alphabet Inc

185.20
-2.99 (-1.59%)
Last Updated: 18:42:33
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.99 -1.59% 185.20 185.19 185.21 190.34 185.12 188.96 6,049,647 18:42:33

Boxed Up 43% After Completing SPAC Deal

09/12/2021 4:12pm

Dow Jones News


Alphabet (NASDAQ:GOOG)
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From Jul 2021 to Jul 2024

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By Michael Dabaie

 

Boxed Inc. shares rose 43% to $12.97 in morning trading after the company completed its business combination with a special purpose acquisition company and said its was further integrating with Google Cloud.

The e-commerce grocery platform, which sells bulk consumables and licenses its e-commerce software to enterprise retailers, said Wednesday it completed its combination with Seven Oaks Acquisition Corp.

Common stock of the combined company began trading Thursday on the New York Stock Exchange under the new ticker symbol BOXD.

The company said Thursday it will further integrate with Google Cloud.

As part of the updated licensing agreement, Boxed will be able to make use of Google Cloud's advanced cloud computing, data analytics, and artificial intelligence technologies.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

December 09, 2021 10:57 ET (15:57 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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