Growth Capital Acquisition Corp. Announces Effectiveness of Registration Statement and Special Meeting Date for Proposed Business Combination with Cepton Technologies, Inc.

ATHENS, Greece, Jan. 28, 2022 (GLOBE NEWSWIRE) --  Growth Capital Acquisition Corp. (NASDAQ: GCACU, GCAC and GCACW) (“Growth Capital or “GCAC”), a special purpose acquisition company, today announced that on January 24, 2022, the Securities and Exchange Commission (“SEC”) declared effective Growth Capital’s registration statement on Form S-4 (as amended, the “Registration Statement”), which includes a definitive proxy statement in connection with a special meeting of Growth Capital’s stockholders (the “Special Meeting”). At the Special Meeting, Growth Capital’s stockholders will consider the previously announced proposed business combination with Cepton Technologies, Inc. (“Cepton”), a developer of lidar-based solutions for automotive (ADAS/AV), smart cities, smart spaces and smart industrial applications. Following the closing of the business combination, the combined company’s common stock and warrants are expected to list on Nasdaq under the ticker symbols “CPTN” and “CPTNW,” respectively.