PTK Acquisition Corp. (extinct)

PTK Acquisition Corp. (extinct)

PTK Acquisition Corp. (extinct)

Overview
Date Founded

2019

Headquarters

4601 Wilshire Boulevard, Suite 240, Los Angeles, CA, 90010, USA

Type of Company

Private

Employees (Worldwide)

3

Industries

Investment Services & Portfolio Management

Company Description

PTK Acquisition Corp. operates as a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination. The company was founded on August 19, 2019 and is Headquartered in Los Angeles, CA.

Contact Data
Trying to get in touch with decision makers at PTK Acquisition Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Paths to PTK Acquisition Corp.
Potential Connections via
Relationship Science
You
PTK Acquisition Corp.
Owners & Shareholders
Details Hidden

CM focuses on investments related to credit-oriented, fundamental value, event-driven, special situations and distressed strategies. Examples of investments may include corporate bonds, bank loans, convertible debt, preferred stock, equities, trade claims, options, warrants, interest rate and currency swaps and liquidating trusts. The securities acquired by clients may include all types of debt obligations and may have varying terms with respect to collateralization, seniority or subordination, purchase price, convertibility, interest payment and maturity, but will consist primarily of public and private investment grade, non-investment grade and non-rated debt, convertible bonds, preferred stock, privately placed securities, bank loans, trade claims, liquidating trusts, assignments, options, swaps and any other securities with fixed-income characteristics, including, without limitation, debentures, notes, deferred interest, pay-in-kind or zero coupon, mortgage or other asset-backed instruments, equipment lease and trust certificates, commercial paper and government sovereign debt.

Details Hidden

K2 & Associates Investment Management uses multiple leveraging and hedging techniques to exploit the information and liquidity disparity surrounding less-followed transactions. The firm employs an active trading style and fundamental industry and company-specific research. They tend to invest in the stocks of small-cap US, Canadian and European companies in the energy minerals, non-energy minerals and finance sectors.

Details Hidden

W.R. Berkley Corp.'s investment strategy focuses on establishing a level of cash and highly-liquid short-term and intermediate-term securities that, combined with expected cash flow, is adequate to meet their payment obligations. Due to historically low fixed maturity investment returns, the company has increasingly invested in equity securities, merger arbitrage securities, investment funds, private equity, loans and real estate related assets. W.R. Berkley also invests in investment funds and other alternative investments. The majority of W.R. Berkley's investments are in fixed maturity securities, including US government and government agencies, state and municipal securities, mortgage-backed securities, corporate and foreign government securities. Equity investments include both common and preferred stocks.

Recent Transactions
Details Hidden

PTK Acquisition Corp. purchases Valens Semiconductor Ltd.

Details Hidden

PTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Transaction Advisors
Legal Advisor

Advised onPTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Underwriter

Advised onPTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Escrow Agent

Advised onPTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Associate

Advised onPTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Legal Advisor

Advised onPTK Acquisition Corp. issued USD Units Consisting of Common Stock and Warrants

Legal Advisor

Advised onPTK Acquisition Corp. purchases Valens Semiconductor Ltd.

Key Stats and Financials As of 2020
Market Capitalization
$125M
Total Enterprise Value
$145M
Earnings Per Share
Revenue
$0
Net Profit
$-2.45M
Total Debt
$0
EBITDA
$-731K
Debt TEV
0x
Total Equity
$106M
TEVNet Income
-59.32x
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by PTK Acquisition Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of PTK Acquisition Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and PTK Acquisition Corp..