Valens Semiconductor to go public via merger with PTK Acquisition Corp.

Valens Semiconductor, a provider of high-speed connectivity solutions, will merge with SPAC PTK Acquisition Corp. in a deal valued at $1.16 billion. The combined company will list on the NYSE under the symbol VLN.

“Valens sets the bar in every industry we touch.”ptktech.com

• 2 sources
• ptktech.comVALENS SEMICONDUCTOR, MARKET LEADER IN HIGH-SPEED CONNECTIVITY, TO BECOME PUBLIC COMPANY AND LIST ON NYSEMay 25, 2021
• davispolk.comValens Semiconductor’s business combination with PTK Acquisition Corp. | Davis PolkMay 25, 2021

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