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Valens Semiconductor, Market Leader in High-Speed Connectivity, to Become Public Company and List on NYSE

PTK Logo HOD HASHARON, Israel and NEW YORK, May 25, 2021 /PRNewswire/ -- Valens, a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, and PTK Acquisition Corp. (NYSE: PTK.U) ("PTK"), a special purpose acquisition company, today announced they have entered into a definitive business combination agreement. The combined company will be called Valens and will trade on the New York Stock Exchange under the symbol "VLN" following the close of the trans...
Hod Hasharon United States Ha Afon Peter Kuo Larry Clark Matthew Keating

Israeli chipmaker Valens to merge with PTK in SPAC deal at $1.16b valuation

An engineer working at Valens, a high-speed chipmaker for the audio-video and automotive sectors. (Courtesy) Valens, a maker of high-speed chips for the audio-video and automotive markets, said Tuesday it will merge with special purpose acquisition company PTK Acquisition Corp., a special purpose acquisition company, in a transaction that values the Israeli firm at $1.16 billion. The company will be called Valens and will trade on the New York Stock Exchange under the symbol “VLN” followin...
Hod Hasharon Peter Kuo Gaby Gur Cohen Nadav Banet Dror Heldenberg Dror Jerushalmi

Begin Purchases CodeSpark

Begin Purchases CodeSpark Begin, the company behind the proven early learning program, Homer, announced today the acquisition of CodeSpark, a learn-to-code application for children. “We’re excited to have the codeSpark team join HOMER on our mission to give every child the best start to their learning journey and prepare them with the skills they need for a 21st century world.” said Neal Shenoy, CEO and co-founder of Begin “We do this by teaching the right skill, at the right time, i...
Peter Kuo Gideon Ben Zvi Financial Profiles Inc York Stock Exchange Acquisition Corp Davis Polk Wardwell

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