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New Deal


Announced

Completed

Quantum-Si went public via a SPAC merger with HighCape Capital Acquisition in a $1.5bn.

Financials

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Transaction Value£1,052m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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semiconductor components

Private Equity

Domestic

United States

Acquisition

Single Bidder

Private

Friendly

Majority

Semiconductors

Reverse Takeover

Merger

De-SPAC

Completed

Synopsis

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Quantum-Si, an end-to-end proteomics solutions provider, went public via a SPAC merger with HighCape Capital Acquisition, a healthcare-focused SPAC sponsored by leading healthcare growth equity investment firm HighCape Capital, in a $1.5bn. The transaction supported by a $425m PIPE with participation from investors including Foresite Capital, Eldridge, ARK Invest, Glenview Capital Management, and Redmile Group. “I am thrilled with the completion of this business combination, which will power the commercialization of our technology to disrupt the rapidly growing proteomics market. Having been at the forefront of next-generation DNA sequencing, it is very fitting that our team is also on the cusp of making next-generation protein sequencing a reality. Similar to the introduction of next-gen DNA sequencing, our proteomics technology has the potential to enable exponential advances in drug discovery, academic research, and diagnostics," Jonathan Rothberg, Quantum-Si Founder and Executive Chairman.

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