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Rockley Photonics, a Pasadena, California-based silicon photonics platform provider, plans to go public via a merger with a special purpose acquisition company (SPAC). We'll update this page as new information becomes available.
Silicon photonics platform provider Rockley Photonics is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. The offering is expected to value Rockley at about $1.2 billion. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. No date has been announced yet.
The SPAC, SC Health Corp, originally went public in January 2018 and currently trades on the NYSE under the ticker symbol "SCPE."
Once Rockley Photonics goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Rockley Photonics can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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