Rockley Merges with SPAC SC Health

Technology & Services

Rockley merger with SC Health


Rockley Photonics, Ltd. (“Rockley”) announced that it has closed its previously announced merger with the special purpose acquisition company SC Health Corp. (“SC Health”) (NYSE: SCPE). Through the business combination, Rockley common stock and warrants began trading on the New York Stock Exchange (NYSE: RKLY).

Baird served as a capital markets advisor to Rockley Photonics, Ltd. on this transaction.


Rockley, the leading provider of silicon photonics, has developed a unique sensing platform targeting applications in consumer health and wellness, driving an exponential increase in application capabilities for non-invasive, multi-modal biomarker monitoring. Built on its highly disruptive silicon photonics technology, Rockley’s platform delivers compelling and peerless sensor performance, power, resolution and density. Rockley, which was founded and is led by renowned entrepreneur Dr. Andrew Rickman, is uniquely positioned to address a large market opportunity as a growing universe of healthcare monitoring devices incorporate additional sensing capabilities. Rockley is headquartered in Pasadena, California.

SC Health Corp. was a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launched in December 2018, SC Health Corp. is a partnership of experienced executives alongside SIN Capital, the Singapore-based private equity firm, as a sponsor. David Sin, SC Health’s CEO and Chairman, has experience serving on the board of a leading vertically integrated healthcare platform in the Asia Pacific region.
Technology & Services

Rockley merger with SC Health

August 2021
Rockley Photonics, Ltd.
M&A - Sellside
Technology & Services
Asset Tracking & Mobile Resource Management
Target Location
North America