PTK Acquisition Corp.
Status: Deal Closed
U=S+W
W=S/2@11.5
| IPO Proceeds, $M | $115.00M |
|---|---|
| IPO Date | Jul 13, 2020 |
| CEO | Peter Kuo |
| Left Lead | Chardan |
| IPO Cash in Trust | 100.0% |
| SPAC Tenor | 18 months |
| IPO Sector |
Technology
Tech in North America |
| IPO Geography | US/Canada |
| Target Company | Valens |
| Deal Announced | May 25, 2021 |
| Deal Size, $M | $894.00M |
| Deal Sector | Technology |
| Deal Geography | Global |
| SEC Filings | www.sec.gov |
| Approval Vote | Sep 28, 2021 |
| Amendment Vote | TBD |
| Closing Date | Sep 29, 2021 |
Formerly PTK
VLN
VLN/W
| Price | $2.43 |
|---|---|
| Last closing price | $2.39 |
| H/L, today | $2.39 / $2.42 |
| H/L, 52-week | $2.01 / $5.99 |
| Volume, today | 336,141 |
| Volume, 3-month avg. | N/A |
| Price | |
|---|---|
| Volume, today | |
| Volume, 3-month avg. | N/A |
| Price | $0.05 |
|---|---|
| Last closing price | $0.05 |
| High/low price, today | $0.05 / $0.05 |
| Volume, today | 12,000 |
| Volume, 3-month avg. | N/A |
| Price | |
|---|---|
| Volume, today | |
| Volume, 3-month avg. | N/A |
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- Structure and cap table
- 6 directors & officers
- 24 filings and events
- 2 underwriters
- 4 deal advisors
- 4 legal advisors
Structure
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Team
| Name | Age | Title |
|---|---|---|
| Peter Kuo | 48 | Chief Executive Officer and Director |
| Timothy Chen | 45 | Chief Financial Officer and Director |
| Ker Zhang | 57 | Director |
| Charles Huang | 50 | Independent Director |
| John Hui | 64 | Independent Director |
| Dr. Walden C. Rhines | 72 | Independent Director |
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Advisors
Underwriters
| Chardan | BR | 9,950,000 | units |
| B. Riley FBR | 50,000 | ||
| 10,000,000 | units | ||
| Up-Front UW fee | 2.00 | % | |
| Deferred UW fee | 3.50 | % |
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Deal
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Filings
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