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Mobileye completes $900 million acquisition of Mentee Robotics, issues shares
Mobileye Global Inc. announced the completion of its $900 million acquisition of Mentee Robotics Ltd. The transaction involved a combination of cash and the issuance of 26,279,824 shares of Mobileye’s Class A common stock. The share count was slightly higher than initially disclosed due to recalculations based on the volume weighted average stock price.