Scooter Startup Bird Discusses Going Public Via SPAC
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Bird Rides Inc. is working with Credit Suisse Group AG to strike a deal with a blank-check company to take the scooter-sharing startup public, according to people with knowledge of the matter.
The Santa Monica, California-based company has held discussions with prospective special purpose acquisition companies, or SPACs, but hasn’t reached an agreement, said the people, who asked not to be identified because the information is private. Bird has received inbound interest from SPACs, one of the people said.