 SAN JOSE, Calif. and NEW YORK, Aug. 05, 2021 GLOBE NEWSWIRE -- Cepton, a Silicon Valley innovator and leader in high performance MMT lidar solutions, and Growth Capital, a publicly traded special purpose acquisition company, announced today that they have entered into a definitive business combination agreement the Business Combination Agreement, as well as related subscription agreements for an aggregate 58.5 million private placement in connection with the business combination the PIPE. Upon the closing of the transaction, the combined company will be renamed Cepton, Inc. and is expected to be listed on the Nasdaq stock exchange under the new ticker symbol CPTN. 