Jaws Spitfire Acquisition Corp - Ordinary Shares - Class A

NYSE:SPFR   3:59:40 PM EDT
10.03
+0.03 (+0.30%)
Exchange Changes, Mergers / Acquisitions, Equity Financing / Related

Jaws Spitfire Acquisition Corp Says Velo3d To Become Public Company

Published: 03/23/2021 11:19 GMT
Jaws Spitfire Acquisition Corp - Ordinary Shares - Class A (SPFR) - Jaws Spitfire Acquisition Corp - Velo3d to Become Public Company.
Jaws Spitfire Acquisition Corp - Merger With Co Values Velo(3d) at a Pro Forma Enterprise Value of $1.6 Billion.
Jaws Spitfire Acquisition Corp - Velo(3d) Deal Pipe of $155 Million Led by Baron Capital Group and Hedosophia.
Jaws Spitfire Acquisition Corp - Bessemer Venture Partners, Khosla Ventures, Playground and Piva Expected to Retain Equity Holdings in Velo(3d).
Jaws Spitfire Acquisition Corp - Combined Company Will Operate As Velo(3d), and Will Be Listed on Nyse Under New Ticker Symbol "vld.
".
Jaws Spitfire Acquisition Corp - Velo(3d)'s Existing Shareholders Will Own About 72% of Combined Co's Shares at Closing.
Jaws Spitfire Acquisition Corp - Velo3d Deal Expected to Provide Up to $500 Million in Cash Proceeds.
Jaws Spitfire Acquisition Corp - Velo(3d) is Ready to Deploy Its New Laser Printing Technology Solution, Which is Expected to Ship in Q4 of 2021.