Smart lock maker Latch says it will go public by merging with a SPAC at a $1.56B valuation, expecting to raise ~$450M in cash (Wall Street Journal)

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Good lock maker Latch says it would go public by merging with a SPAC at a $1.56B valuation, anticipating to lift ~$450M in money — Deal between startup and SPAC sponsored by property agency values Latch at $1.56 billion — Latch Inc., a maker of good locks and building-management software program …