# 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.

- Type: Acquisition
- Announced: 2021-03-19
- Where: United States
- Value: $1.20B
- Status: announced
- Products: silicon photonic chips, health monitoring sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Rockley Photonics](https://endata.com/companies/53934.md) (target)
- [SC Health Corp](https://endata.com/companies/53935.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1764301/000119312521086726/d61598d425.htm), 2021-03-19: "Rockley Photonics, Ltd. today announced that it has entered into a definitive agreement to combine with SC Health Corp."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.