Rockley Photonics, Ltd. (“the Company” or “Rockley”) today announced that it has entered into a definitive agreement to combine with SC Health Corp. (“SC Health”) (NYSE: SCPE), a publicly traded special purpose acquisition company. The transaction will result in Rockley becoming a publicly traded company on the NYSE under the symbol RKLY and values the Company at a pro forma enterprise value of $1.2 billion. The transaction will accelerate the commercial launch of Rockley’s unique sensing platform, which is positioned to revolutionize consumer health and wellness by enabling continuous, non-invasive monitoring of multi-modal biomarkers such as lactate, glucose, hydration, blood pressure, and core body temperature.
Read the full article: Rockley Photonics Accelerates Plan to Revolutionize Consumer Health and Wellness Monitoring by Going Public via SC Health Corp. //
Source: https://www.businesswire.com/news/home/20210319005191/en/Rockley-Photonics-Accelerates-Plan-to-Revolutionize-Consumer-Health-and-Wellness-Monitoring-by-Going-Public-via-SC-Health-Corp.