PTK Acquisition Corp.

CIK: 1797099•Ticker: PTK

SPAC Overview

$100M
IPO Size
$115M
Trust (as of 2021-06-30)
Proxy Vote
Current Status
2020
IPO Year

Timeline Progress

About

PTK Acquisition Corp. is a blank-check company seeking a business combination with an unidentified target. It plans to focus on high-tech targets in the United States, especially corporate and institutional IT and consumer gaming and digital entertainment, and intends to prioritize cash-flow-positive businesses.

Investment Focus

Technology, Gaming, Entertainment

Geographic Focus

United States, Asia-Pacific region

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Sponsors

Extended Team Information

The founders bring more than 80 years of combined technology investing experience. The team includes private equity and M&A professionals, technology executives and hardware specialists, with experience in semiconductors, electronics manufacturing, gaming, and technology-sector transactions.

Key Information

IPO Date
July 15, 2020
PIPE
$125M
State of Incorporation
DE
SIC
6770
Merger Target
Valens Semiconductor Ltd.
SPAC Ticker
PTK