By Stephen Nakrosis
Blank-check company Reinvent Technology Partners Y said Tuesday its shareholders approved a business combination with self-driving technology company Aurora.
Reinvent Technology said the deal is expected to close on Nov. 3. Following the close of the combination, shares of the combined company, which will be named Aurora Innovation, Inc., are expected to begin trading on Nov. 4 on the Nasdaq under the ticker symbols AUR.
"Proceeds from the business combination represent the largest-ever autonomous vehicle or robotics company primary raise in a go-public transaction," the companies said.
Shares of Reinvent Technology Partners Y were trading slightly higher after the bell Tuesday. At 5:51 p.m. EDT, the stock had gained 1.11% to trade at $10.05 a share.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com