Movella Holdings
Closed (deSPAC)Profile in progress
- What it is
- as a business combination partner
- What it’s doing now
- Merging with Pathfinder Acquisition Corp (PFDR) — closed (despac).
- What you should know
- The deal carries a $100M minimum-cash condition — heavy redemptions can break it.
The business, per its filings
SEC primaryas a business combination partner. As youll hear, Movella is a global leader in the digitization of movement, which is a very exciting growth space that is an enabler of an increasing number of existing and emerging applications. In a nutshell, what makes Movella compelling is that it is both an established business that has strong growth runway and high gross margins in its current markets, as well as a platform with the potential for outsized incremental growth through enablement of some high growth emerging megatrend markets. In addition, the business is capital efficient and scalable and we believe can reach breakeven by Q3 this year and be profitable from the fourth quarter onwards. So its the type of growth company profile that we wanted to see, especially in this environment. Lastly, and most importantly, we believe that the team at Movella is incredibly talented. Ben has over 20 years of experience scaling transformative companies, and Steve has considerable experience as a public company CFO including most recently at Inseego, a NASDAQ listed company where he helped oversee a market cap expansion from roughly $50 million to over $1 billion. Were very excited about our partnership with the company, the management and its investors, led by Kleiner Perkins, GIC and Columbia, as well as with Francisco Partners, who is coming in to provide committed financing for this transaction through a highly innovative structure. This financing structure, which I think I can safely say is truly unique in the SPAC world, has three big benefits: the first is that it delivers transaction certainty, the second is that it provides the company with funding needed to drive its plan, and third, it mitigates some of the technical friction from the more common financin
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined entity, to be known as Movella Holdings, Inc., will have a pro forma enterprise value of approximately $537 million." [https://www.businesswire.com/news/home/20221004005534/en/Movella-a-Global-Leader-in-Digitization-of-Movement-to-Become-Publicly-Traded-on-Nasdaq-via-Business-Combination-With-Pathfinder-Acquisition-Corporation] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Movella expects to get as much as $336 million from the deal between $530 million and $755 million." [https://www.bizjournals.com/sanjose/news/2022/10/05/motion-sensing-startup-movella-plans-spac-merger.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Fortunately, we are in a strong cash position due to our February 2023 Nasdaq listing which, through a series of transactions, raised $60.3 million net proceeds ..." [https://www.xsens.com/company/press-room/movella-reports-fourth-quarter-and-full-year-2022-financial-results] [WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined entity, to be known as Movella Holdings, Inc., will have a pro forma enterprise value of approximately $537 million." [https://www.businesswire.com/news/home/20221004005534/en/Movella-a-Global-Leader-in-Digitization-of-Movement-to-Become-Publicly-Traded-on-Nasdaq-via-Business-Combination-With-Pathfinder-Acquisition-Corporation] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Movella expects to get as much as $336 million from the deal between $530 million and $755 million." [https://www.bizjournals.com/sanjose/news/2022/10/05/motion-sensing-startup-movella-plans-spac-merger.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Fortunately, we are in a strong cash position due to our February 2023 Nasdaq listing which, through a series of transactions, raised $60.3 million net proceeds ..." [https://www.xsens.com/company/press-room/movella-reports-fourth-quarter-and-full-year-2022-financial-results]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Movella Holdings is merging with Pathfinder Acquisition Corp (PFDR) currently marked Closed (deSPAC).
| Headline equity value | — |
| Minimum cash to close | $100M |
Structure per SEC accession(s) 0001213900-21-062208. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Movella Holdings going public?
Movella Holdings has an approved merger with the SPAC Pathfinder Acquisition Corp (PFDR). Deal status: Closed (deSPAC).
Does Movella Holdings have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.