Completed
Valens
First | 2021-09-30 | $7.75 | |
Merger | 2021-12-01 | $8.51 | 10% |
Merger +6mo | 2022-06-02 | $3.07 | 60% |
Merger +1yr | 2022-12-01 | $4.76 | 39% |
Recent | 2024-06-04 | $2.75 | 65% |
PTK Acquisition Corp.
- Registration2020-06-12 Filed S1
- IPO2020-07-15 IPO, search begins
- Definitive Agreement2021-09-28 Agreement for merger
- Completed2021-11-30 Merger Completed
- Raised
- $100M
- CIK
- 1797099
- SPAC Ticker
- PTK
- Merger
- Valens
- Merged Ticker
- VLN
- Focus
- Technology, Gaming, Entertainment
SPAC Team
Leadership
Peter Kuo, 48, will serve as Chief Executive Officer and Director following the completion of this offering. Mr. Kuo has served as a co-founding partner of Canyon Bridge Capital Partners, a private equity firm, since April 2017. Mr. Kuo was a Managing Director at Lazard Limited, where he advised clients on strategic M&A from June 2011 until March 2018. Mr. Kuo was a Managing Director at Cowen Inc. from March 2010 until May 2011 and Susquehanna International Group from June 2005 until December 2010. A Fulbright Scholar, Peter holds a JD from Harvard Law School and a BS in Foreign Service from Georgetown University. We believe Mr. Kuo’s extensive deal-making experience within the technology sector make him well qualified to serve as a director.
Timothy Chen, 45, will serve as Chief Financial Officer and Director following the completion of this offering. Since February 1997 Mr. Chen has held numerous position with VIA Technologies, Inc., a leading innovator of PC silicon and platform technologies. Since February 2010, Mr. Chen has served as the Head of Global Sales & Marketing at VIA Technologies, Inc. Since February 2017 Mr. Chen has also served as the Chief Executive Officer of VIA China, a wholly owned subsidiary of VIA Technologies, Inc. Mr. Chen is also a World Economic Forum Young Global Leader and a Fellow of the China Fellowship Program and member of the Aspen Global Leadership Networks. Mr. Chen holds a B.S. in Industrial Engineering from the University of California at Berkley. Mr. Chen is also involved in social ventures, social media, premium content providers, hardware companies at the semiconductor & system level. We believe Mr. Chen’s extensive deal-making experience within the technology sector make him well qualified to serve as a director.
Ker Zhang, 57, will serve as Secretary and Director following the completion of this offering. Mr. Zhang has been an entrepreneur in residence at Kleiner Perkins since February 2018. Mr. Zhang was Vice President and General Manager of CDMA Product and Development of Intel Corporation from October 2015 until February 2018. Mr. Zhang was Chief Executive Officer of VIA Telecom from April 2002 until it was acquired by Intel Corporation in October 2015. Mr. Zhang has been the Executive Chairman of privately-held Crossbar, Inc., since March 2019. Mr. Zhang earned his M.S. in Physics from the University of Massachusetts and his Ph.D. in Electrical Engineering from Worcester Polytechnic Institute. We believe Mr. Zhang’s expertise in the technology hardware sector makes him well qualified to serve as a director.
Charles Huang, 50, will serve as a Director following the completion of this offering. Mr. Huang has served as Chief Executive Officer of Indigo 7 Limited since February 2014. Since March 2011 Mr. Huang has also served as a co-founder of Blue Goji Corp, a maker of games and controllers. Prior to Blue Goji, Mr. Hui was Co-founder of American electronic entertainment company RedOctane, where he was the co-developer of the video game Guitar Hero. Mr. Huang holds a BA in Economics and Asian Studies from the University of California at Berkley. We believe Mr. Huang’s expertise in the gaming sector makes him well qualified to serve as a director.
John Hui, 54, will serve as a Director following the completion of this offering. Mr. Hui has served as Chief Strategy Officer of Foxconn since September 2010. Mr. Hui has also served as the Chief Executive Officer of Joui International since January 2015. Mr. Hui served as Chairman of the Board Of Directors of privately-held Smart Technologies from October 2016 until December 2018. Mr. Hui also served as the Chief Executive Officer of InFocus from September 2009 until June 2016. Mr. Hui holds a B.Sc. in Business from State University of New York at Buffalo and a Master of Business Administration from McMaster University. We believe Mr. Hui’s expertise in the technology hardware sector makes him well qualified to serve as a director.
Dr. Rhines, 72, will serve as a Director following the completion of this offering. From 1995 until 2015, he served as a director of TriQuint. He is CEO Emeritus of Mentor, a Siemens Business and an electronic design automation company, having previously served as President and Chief Executive Officer of Mentor from its acquisition by Siemens Industry, Inc. in March 2017 until October 2018. He previously served as Chief Executive Officer of Mentor Graphics Corporation from 1993 and chairman of its board of directors from 2000 until the acquisition of Mentor Graphics by Siemens in 2017. Prior to joining Mentor Graphics, he spent 21 years at Texas Instruments, a semiconductor manufacturer, with his most recent position as the Executive Vice President of its Semiconductor Group with responsibility for its worldwide semiconductor business. Dr. Rhines also served as a director of Cirrus Logic, Inc., a semiconductor company, from 1995 to 2009, is a member of the board of Electronic System Design Alliance, a trade association for electronic design companies, and serves on the board of Semiconductor Research Corporation, a technology research consortium, and as a consultant to the Defense Advanced Research Projects Agency (DARPA), a research investment arm of the U.S. government. Dr. Rhines brings to the Board and its committees over 45 years of experience in the semiconductor industry, including substantial operating experience and management expertise as a CEO of a publicly traded technology company. We believe Dr. Rhines’ expertise in the technology sector makes him well qualified to serve as a director.