Blade to go public at $825 Million valuation

Blade to go public at $825 Million valuation 16 Dec, 20, Source: NY Times

Blade Urban Air Mobility, the New York-based helicopter taxi service, has struck a deal to go public backed by KSL Capital in a deal that values the company at about $825 million. This includes $400 million in proceeds, which includes a $125 million infusion along with the cash in the SPAC (Special Purpose Acquisition Company)

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