Valuation$8.5B
TypeSPAC IPO
AcquirerEJF Acquisition Corp.
Return multiple14.8×
AnnouncedJun 23, 2022
TickerNASDAQ: PGY
Solid
A solid exit with healthy economics.
Deal size vs peers
Above the typical SPAC IPO.
Return multiple
Exceptional 14.8× return to investors.
Liquidity type
SPAC listing — a mixed-track-record path to liquidity.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.