PropTech Acquisition Corp. (PTAC) to Combine with Porch.com

PropTech Porch.com

PropTech Acquisition Corp. (PTAC) to Combine with Porch.com

Jul 31, 2020 INTEL by SPACInsider
PropTech Acquisition Corp. (PTAC), announced this morning that they have entered into a definitive agreement to combine with Porch.com, a leading software and services platform for the home inspection and home service industries. This transaction is expected to have an implied enterprise value of $523 Million, consisting of an estimated equity value of $728 million
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