RealWear to Go Public via SPAC Merger with Cascadia Capital Valued at $375.5 Million

RealWear, a Vancouver, Washington-based industrial headset maker, is going public through a SPAC merger with Seattle's Cascadia Capital, valuing the combined company at $375.5 million. The company, serving over 5,000 enterprise customers including 41 Fortune 100 firms, reported $20.5 million in revenue for 2022 with a 63% gross margin.