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Virtuoso Acquisition Stock Jumps 20% On Merger Deal

Shares of Virtuoso Acquisition Corp. (VOSO) are surging over 20% on Thursday morning after the special purpose acquisition company announced a merger deal with GM-backed auto data startup Wejo.

VOSO is currently trading at $12.11, $2.03 or 20.14%, on the Nasdaq.

The merger is expected to close on November 18, 2021 and the common stock and warrants of the combined company, which will be called Wejo, are expected to commence trading on the Nasdaq Stock Market on November 19, 2021 under the new ticker symbols, "WEJO" and "WEJOW," respectively.

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