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GCACW - GCACW STOCK NEWS

Welcome to our dedicated page for GCACW news (Ticker: GCACW), a resource for investors and traders seeking the latest updates and insights on GCACW stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GCACW's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GCACW's position in the market.

Rhea-AI Summary

Growth Capital Acquisition Corp. (NASDAQ: GCACU, GCAC, GCACW) announced that stockholders approved the business combination with Cepton Technologies, Inc., a lidar solutions developer, during a Special Meeting on February 9, 2022. Approximately 72.94% of shares voted, with 93.82% in favor. The merger is poised for completion soon, after meeting final conditions, with the new company to be named "Cepton, Inc." The common stock and warrants will start trading under new ticker symbols "CPTN" and "CPTNW" on the Nasdaq Capital Market.

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Special Meeting Scheduled for February 9, 2022

Growth Capital Acquisition Corp. (NASDAQ: GCACU, GCAC, GCACW) announced that the SEC declared effective its registration statement on Form S-4 for a special meeting to consider a proposed business combination with Cepton Technologies, Inc., a lidar solutions developer. The meeting, set for February 9, 2022, will allow stockholders to vote on this combination, aiming for a listing under the ticker symbols “CPTN” and “CPTNW.” Stockholders of record as of January 13, 2022, are eligible to vote.

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