Sonder will merge with SPAC to go public

first_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Hotel MarketIPOmodern spaces Full Name* Email Address* Sonder recently took over the Flatiron Hotel in New York City as part of its model to lease, refurbish and rent short- and medium-stay rooms. Francis Davidson co-founded the company in 2014 while managing several apartments in Montreal as a university student.Gores and Metropoulos facilitated an IPO for lidar sensor maker Luminar Technologies last August in a nearly $2.9 billion merger with a different SPAC.Special purpose acquisition companies are shells that raise funds through an IPO without underlying assets. SPACs can then merge with private companies, taking them public in the process.After a record 109 SPAC deals in March, the market cooled with just 10 deals in April, according to SPAC Research. Proptech was no exception, with 15 new SPACs in February followed by 16 in March and just one so far in April, according to TRD’s SPAC tracker.[Reuters] — Orion JonesContact Orion Jones Message* Share via Shortlink Sonder co-founder Francis Davidson (Sonder, iStock)The SPAC attack is back for a San Francisco-based hospitality startup.Sonder confirmed Friday that it will go public by merging with a SPAC backed by billionaires Alec Gores and Dean Metropoulos. The company scored a valuation of $2.2 billion in the deal and expects to reap $650 million in the offering, Reuters reported.The SPAC that Sonder will merge with, Gores Metropoulos II, raised $450 million in its initial public offering in January. An additional $200 million is expected from private investors including BlackRock, Fidelity Management & Research and Senator Investment Group.Goldman Sachs is advising Sonder, and Morgan Stanley is the leading adviser to Gores Metropoulos II.ADVERTISEMENTRead moreHospitality startup Sonder beefs up C-suiteSonder to open in Flatiron Hotel next monthThe definitive real estate SPAC tracker Tagslast_img read more

Computer Science, Full-Time, Tenure-Track, Assistant Professor

first_imgOnline application must include a cover letter, curriculum vitae, ateaching statement, a research statement, a list of threereferences with contact information, and transcripts for allundergraduate and graduate degrees and degrees in progress.Position Overview:Teaches, advises and mentors students, evaluates studentperformance, and maintains department and student records inaccordance with university policies. Adheres to the educationalphilosophy of the university. Works in a collaborative manner withcolleagues and professional peers. Participates in universitymeetings that relate specifically to faculty. Serves on department,college, and university committees as requested. Preparesdepartmental reports as requested. Engages in teaching, service,and scholarly and/or creative activities as defined by the tenureand promotion policy in the UCO Employee and FacultyHandbook.College/Department Overview:The College of Mathematics and Science currently has 135 full-timeand over 70 part-time faculty in 7 academic departments. TheCollege serves more than 3,200 undergraduate students in 27 majorsand provides graduate programs in Biology, Applied MathematicalScience, Applied Mathematics and Computer Science, ComputationalScience, Computer Science, Engineering Physics, and Nursing.Accreditation/Certification is held by ABET, the Commission onCollegiate Nursing Education (CCNE), the American Board of FuneralService Education, and the American Chemical Society. UCO is aninstitutional member of the Council on Undergraduate Research. Forfurther information see our website at Specific Essential Job Functions:Duties include teaching day/evening, graduate/undergraduate classesin computer science and software engineering in a variety ofdelivery formats (face-to-face, hybrid, and online as needed). Thesuccessful candidate will work with students in and out of theclassroom and conduct active research in areas of computer scienceor software engineering. The successful candidate will be expectedto actively participate in professional activities. Otherresponsibilities will include serving on departmental, college anduniversity committees.QualificationsExperience Required:Teaching, research, departmental/school and university service isexpected. An earned doctorate degree awarded by a regionallyaccredited or internationally recognized institution in the fieldspecified in the position announcement (exceptions require AcademicAffairs approval). **NOTE** If the doctorate is not obtained andsubmitted by the time of employment, the position rank will changeto TT-Instructor.Experience Preferred:The candidate must have an earned Ph.D. in Computer Science or aclosely related field awarded by a regionally accreditedinstitution by the time of employment. Previous industrialexperience and U.S. college teaching and research experience arepreferred.Knowledge/Skills/Abilities:All areas of study in computer science will be considered;preference will be given to software engineering, cybersecurity,and computer graphics.Physical Demands:Reasonable accommodations (in accordance with ADA requirements) maybe made, upon request, to enable individuals with disabilities toperform essential functions.last_img read more