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Valens Semi and PTK acquisition conclude business combination

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Acquisition, divestment & Spinoff

Valens to begin trading on the New York Stock Exchange under the symbol "VLN"

Valens Semiconductor, a provider of high-speed connectivity solutions for the audio-video and automotive markets, and PTK Acquisition, a special purpose acquisition company, announced the completion of their previously announced business combination in a press release on PRNewswire on September 29th (the "Business Combination").

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