Insight
Skillz Inc. Business Combination with Flying Eagle Acquisition Corp.
Insight
Skillz Inc. Business Combination with Flying Eagle Acquisition Corp.
September 2, 2020
Winston & Strawn LLP represented Skillz Inc., a leading mobile games platform connecting players in fair, fun, and meaningful competition, in its business combination with Flying Eagle Acquisition Corp. (NYSE: FEAC), a publicly traded special purpose acquisition company. The transaction implies an equity valuation for Skillz of US$3.5B, or 6.3x projected 2022 revenue.