By Michael Dabaie

Boxed Inc. shares rose 43% to $12.97 in morning trading after the company completed its business combination with a special purpose acquisition company and said its was further integrating with Google Cloud.

The e-commerce grocery platform, which sells bulk consumables and licenses its e-commerce software to enterprise retailers, said Wednesday it completed its combination with Seven Oaks Acquisition Corp.

Common stock of the combined company began trading Thursday on the New York Stock Exchange under the new ticker symbol BOXD.

The company said Thursday it will further integrate with Google Cloud.

As part of the updated licensing agreement, Boxed will be able to make use of Google Cloud's advanced cloud computing, data analytics, and artificial intelligence technologies.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

December 09, 2021 10:57 ET (15:57 GMT)

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