Valuation$1.1B
TypeSPAC IPO
AcquirerPTK Acquisition Corp
Return multiple7.6×
AnnouncedSep 29, 2021
TickerNYSE: VLN
Solid
A solid exit with healthy economics.
Deal size vs peers
Below the typical SPAC IPO.
Return multiple
Strong 7.6× return.
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.
