BRIEF-Jaws Spitfire Acquisition Corp Says Velo3d To Become Public Company

Reuters

Mar 23, 2021

March 23 (Reuters) - Jaws Spitfire Acquisition Corp

:

* JAWS SPITFIRE ACQUISITION CORP - VELO3D TO BECOME PUBLIC COMPANY

* JAWS SPITFIRE ACQUISITION CORP - MERGER WITH CO VALUES VELO(3D) AT A PRO FORMA ENTERPRISE VALUE OF $1.6 BILLION

* JAWS SPITFIRE ACQUISITION CORP - VELO(3D) DEAL PIPE OF $155 MILLION LED BY BARON CAPITAL GROUP AND HEDOSOPHIA

* JAWS SPITFIRE ACQUISITION CORP - BESSEMER VENTURE PARTNERS, KHOSLA VENTURES, PLAYGROUND AND PIVA EXPECTED TO RETAIN EQUITY HOLDINGS IN VELO(3D)

* JAWS SPITFIRE ACQUISITION CORP - COMBINED COMPANY WILL OPERATE AS VELO(3D), AND WILL BE LISTED ON NYSE UNDER NEW TICKER SYMBOL "VLD."

* JAWS SPITFIRE ACQUISITION CORP - VELO(3D)'S EXISTING SHAREHOLDERS WILL OWN ABOUT 72% OF COMBINED CO'S SHARES AT CLOSING

* JAWS SPITFIRE ACQUISITION CORP - VELO3D DEAL EXPECTED TO PROVIDE UP TO $500 MILLION IN CASH PROCEEDS

* JAWS SPITFIRE ACQUISITION CORP - VELO(3D) IS READY TO DEPLOY ITS NEW LASER PRINTING TECHNOLOGY SOLUTION, WHICH IS EXPECTED TO SHIP IN Q4 OF 2021

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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<a href=\"https://laohu8.com/S/SPFR\">Jaws Spitfire Acquisition Corp</a></p><p> :</p><p>   * JAWS SPITFIRE ACQUISITION CORP - VELO3D TO BECOME PUBLIC COMPANY</p><p>   * JAWS SPITFIRE ACQUISITION CORP - MERGER WITH CO VALUES VELO(3D) AT A PRO FORMA ENTERPRISE VALUE OF $1.6 BILLION</p><p>   * JAWS SPITFIRE ACQUISITION CORP - VELO(3D) DEAL PIPE OF $155 MILLION LED BY BARON CAPITAL GROUP AND HEDOSOPHIA</p><p>   * JAWS SPITFIRE ACQUISITION CORP - BESSEMER VENTURE PARTNERS, KHOSLA VENTURES, PLAYGROUND AND PIVA EXPECTED TO RETAIN EQUITY HOLDINGS IN VELO(3D)</p><p>   * JAWS SPITFIRE ACQUISITION CORP - COMBINED COMPANY WILL OPERATE AS VELO(3D), AND WILL BE LISTED ON NYSE UNDER NEW TICKER SYMBOL \"VLD.\"</p><p>   * JAWS SPITFIRE ACQUISITION CORP - VELO(3D)'S EXISTING SHAREHOLDERS WILL OWN ABOUT 72% OF COMBINED CO'S SHARES AT CLOSING</p><p>   * JAWS SPITFIRE ACQUISITION CORP  - VELO3D DEAL EXPECTED TO PROVIDE UP TO $500 MILLION IN CASH PROCEEDS</p><p>   * JAWS SPITFIRE ACQUISITION CORP - VELO(3D) IS READY TO DEPLOY ITS NEW LASER PRINTING TECHNOLOGY SOLUTION, WHICH IS EXPECTED TO SHIP IN Q4 OF 2021</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2121489530","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2121489530","pubTimestamp":1616497945,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"March 23 (Reuters) - 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