Rockley Photonics to go public via merger with SC Health Corp at $1.2B valuation

Rockley Photonics, a supplier of silicon photonic chips, entered a definitive agreement to combine with SPAC SC Health Corp, valuing the company at $1.2 billion enterprise value, with a $150 million PIPE.

“Rockley Photonics, Ltd. today announced that it has entered into a definitive agreement to combine with SC Health Corp.”sec.gov

• 1 source
• sec.govSC Health Corp Form 425 filed March 19, 2021Mar 19, 2021

Summarized from public sources; check the original articles before acting on it.