On October 20, 2020, Tarana Wireless, Inc. closed the transaction. The company received $30,000,000 in the transaction. The transaction was led by new investor Prime Movers Lab and also involved participation from new investors, Liberty Latin America Ltd. (NasdaqGS:LILA), Liberty Global Ventures, individual and previous investors. As part of the transaction, Dakin Sloss of Prime Movers Lab joined the board of directors of the company.