.
MergerLinks Header Logo

New Deal


Announced

Completed

ZyVersa Therapeutics went public via a SPAC merger with Larkspur Health Acquisition in a $109m deal.

Financials

Edit Data
Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

De-SPAC

Private

Acquisition

Friendly

United States

Health Diagnostics

Domestic

Reverse Takeover

health care

medical

Single Bidder

Merger

Medical Services

Completed

Synopsis

Edit

ZyVersa Therapeutics, a company committed to improving patients' health outcomes and quality of life, went public via a SPAC merger with Larkspur Health Acquisition in a $109m deal. "We are delighted to partner with Larkspur in this business combination. Their management and board have vast experience as investors and operating executives in the biopharmaceutical industry. This merger and entry into the public markets will enable us to escalate development of our pipeline drug candidates for targeted patients with renal and inflammatory diseases who have the need for disease-modifying drugs that are well tolerated and safe. We believe our drug candidates in development for these patients have potential to meet these needs and help drive improved health outcomes," Stephen C. Glover, ZyVersa Co-Founder, CEO and Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US