PTK Acquisition Corp. intends to focus on companies in “high-tech” industries and will be led by Peter Kuo, as Chief Executive Officer and Director, and Timothy Chen, as Chief Financial Officer and Director.
Total SPAC deal count for 2020 year-to-date is now 40 with $12.523 billion in gross proceeds raised. The offering is anticipated to close on Wednesday, July 15, 2020.
Chardan is acting as sole book running manager. Goodwin Procter LLP, and Ropes & Gray LLP were issuer’s counsel and underwriter’s counsel, respectively. Marcum LLP acted as auditor.