Jaws Spitfire Acquisition (SPFR) and Velo3D Said to Discuss Merger - Bloomberg

March 10, 2021 3:46 PM EST

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(Updated - March 10, 2021 3:49 PM EST)

Berry Sternlicht's Jaws Spitfire Acquisition (NYSE: SPFR) is in talks to merge with Velo3D, a maker of 3D metal printers, according to Bloomberg, citing people with knowledge of the matter. A transaction is set to value the combined entity at more than $1 billion.

Terms aren't finalized.

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