Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading.
Exclusive: Latch CEO Talks SPAC Deal, Growth Prospects And More
Latch is an enterprise SaaS provider to buildings and residents with the aim of making spaces better places to live, work and visit.