Valens completes Form F-4 registration in preparation of SPAC merger with PTK Acquisition Corp.

Valens Semiconductor, Ltd. (“Valens”), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, announced today that the registration statement on Form F-4 (as amended, the “Registration Statement”) related to the previously announced business combination (the “Business Combination”) with PTK Acquisition Corp. (NYSE: PTK) (“PTK”), a special purpose acquisition company, has been declared effective by the Securities and Exchange Commission (“SEC”).