Wejo Group Limited (WEJO) Enters $100M Stock Purchase Agreement

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Wejo Group Limited Secures up to $100 Million in Committed Equity Financing

February 14, 2022 5:30 PM EST

Provides Additional Liquidity to Make Critical Investments and Support Expansion

MANCHESTER, England--(BUSINESS WIRE)-- Wejo Group Limited (NASDAQ: WEJO) (the Company), a global leader in cloud and software analytics for autonomous, electric and connected vehicle data, today announced it has entered into a Common Stock Purchase Agreement (the Equity Financing Agreement) and a Registration Rights Agreement with CF Principal Investments, LLC (CFPI), an affiliate of Cantor Fitzgerald, which provide for a committed equity financing facility under which the Company has the option, but not the obligation, to sell up to... More