Firm Led by NFL Legend Steve Young Helps Take Metaverse-Related Company Movella Public

Firm Led by NFL Legend Steve Young Helps Take Metaverse-Related Company Movella Public

Movella, a metaverse-adjacent firm that offers motion capture sensors and software, will become a publicly-traded company on Nasdaq through a combination with Pathfinder Acquisition Corporation (PFDR), according to a regulatory filing with the U.S. Securities and Exchange Commission. Pathfinder is a special purpose acquisition company, or SPAC, formed by affiliates of investment firm Industry Ventures and HGtC, a private equity firm that counts former National Football League legend Steve Young as its co-founder, chairman and one of its partners.

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