Announced
Completed
Financials
Tags
biotechnology research
United States
Majority
Acquisition
Private
Domestic
Biotechnology
Reverse Takeover
De-SPAC
Friendly
Single Bidder
Completed
Synopsis
Cardio Diagnostics, a cardiovascular medicine company, went public via a SPAC merger with Mana Capital Acquisition, a special purposes acquisition vehicle, in a $175m deal. “We are very pleased to have combined with Cardio and created a publicly listed company set to transform cardiovascular disease through epigenetics. Cardio is the first company to develop and commercialize epigenetics-based clinical tests for cardiovascular disease that have clear value for patients, clinicians, hospitals/health systems, and payors,” Jonathan Intrater, Mana Capital Chairman. On August 23, 2022, Mana Capital Acquisition extends period to consummate $175m merger.
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