Nanosys in talks to go public via a SPAC merger, gain a $1 billion valuation

Quantum Dots developer Nanosys is reportedly in talks to go public via a merger with a SPAC company called GigInternational1. If the deal goes through, Nanosys will gain a valuation of around $1 billion USD.

Nanosys has several lines of QD products, including one that is heavy metal free. The company says it has the world's largest quantum dots production capacity, it lists major display makers as customers and it has shipped materials to over 35 million devices to date.

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Posted: Jul 29,2021 by Ron Mertens