SPFR - Unpacking Shapeways: Cathie Wood's Most Recent 3D Printing Investment

April, 30 2021 02:37 AM Jaws Spitfire Acquisition Corporation Class A

Shapeways is an additive manufacturing company going public via a SPAC merger announced on 4/28.
Shapeways is a 3D print shop (similar to Protolabs), not a 3D printing technology manufacturer.
The investment thesis for Shapeways hinges on (1) achieving much higher growth vs. Proto Labs and (2) differentiating through proprietary software.
Both components of this thesis are largely unproven. Therefore, I recommend a wait-and-see approach.

For further details see:

Company Name:	Jaws Spitfire Acquisition Corporation Class A
Stock Symbol:	SPFR
Market:	NYSE