May Mobility to go public via SPAC deal at $1B valuation

May Mobility: May Mobility develops autonomous vehicle technology for commercial ride-hail services using its patented in-situ AI that integrates deep learning, a dynamic world model, and a real-time reasoning engine. It operates deployments in the United States and Japan through partnerships with ride-hail platforms, OEMs, and technology companies. The company recently announced a business combination agreement with ACP Holdings Acquisition Corp. to become a publicly listed entity. Atlas Credit Partners: Atlas Credit Partners is a Houston, Texas-based credit-focused asset manager founded in 2019 that provides direct financing solutions to public and private middle and lower-middle market companies, with emphasis on value and growth-oriented businesses. It serves as the sponsor of ACP Holdings Acquisition Corp., the special purpose acquisition company involved in the announced transaction. Firm leadership is supporting May Mobility's next phase of growth through the business combination. Merger: May Mobility has entered into a definitive business combination agreement with ACP Holdings Acquisition Corp., a SPAC affiliated with Atlas Credit Partners. Innovation: May Mobility launched its fifth-generation autonomy architecture earlier in 2026 to support scalable driverless operations. Partnerships: The company has established partnerships with leading ride-hail platforms to commercialize autonomous mobility services.