 |
Stanton represents Pathfinder Acquisition Corp. as it merges with Movella Inc. in a SPAC deal valued in the $537M range.
Movella’s sensors, software and analytics products enable the digitalization of movement and are used in the entertainment, health & sports, automation and mobility markets.
Its customers include NBCUniversal, Siemens, Daimler and Electronic Arts.
Pathfinder CEO David Chung said Movella is positioned to provide critical enabling technology for the Metaverse, next-generation gaming and other high-growth emerging end markets and applications.
Movella, which has been backed by Kleiner Perkins from its inception, also counts GIC and Columbia Threadneedle as core investors.
It expects to reach the breakeven point during Q3 2023 and turn a profit in Q4.
Stanton’s Tom Faust handles Pathfinder Acquisition Corp.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
