- September 29, 2021
- Posted by: Stratford Team
- Category: Business
Valens to Begin Trading on the New York Stock Exchange under the Symbol “VLN” and Ring the Opening Bell on September 30, 2021
HOD HASHARON, Israel and NEW YORK, Sept. 29, 2021 /PRNewswire/ — Valens Semiconductor, Ltd. (“Valens”), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, and PTK Acquisition Corp. (NYSE: PTK) (“PTK”), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). The combined company will be called Valens and expects its common stock and public warrants to begin trading under the ticker symbols “VLN” and “VLNW”, respectively, on the New York Stock Exchange (NYSE) on September 30, 2021. The Business Combination was approved at a special meeting of PTK stockholders on September 28, 2021.
Valens Semiconductor (PRNewsfoto/Valens Semiconductor)
“As the leader in high-speed digital connectivity,…