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<ul><li>Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital infusion.</li><li>Better, announced it reworked its merger agreement to give the company access to $750M bridge financing now</li><li><p>Grab is set to close its SPAC merger tomorrow, giving the Southeast Asian “super-app” an estimated $4.5B in cash proceeds.</p></li></ul>

Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital infusion.Better, announced it reworked its merger agreement to give the company access to $750M bridge financing nowGrab is set to close its SPAC merger tomorrow, giving the Southeast Asian “super-app” an estimated $4.5B in cash proceeds.

2 SoftBank-backed companies getting an early Christmas present

United Kingdom

Better HoldCo, Inc. (“Better”) and Aurora Acquisition Corp., a special purpose acquisition company (“Aurora”) business combination.

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Better Home & Finance (BETR US)

2 SoftBank-backed companies getting an early Christmas present

Two SoftBank-backed tech companies, Better (merging with AURC) and Grab (merger with AGC approved today), are about to receive a major capital...

SPAC Track

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