.
MergerLinks Header Logo

New Deal


Announced

Ocean Biomedical to go public via a SPAC merger with Aesther Healthcare Acquisition in a $345m deal.

Financials

Edit Data
Transaction Value£295m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Pharmaceuticals

United States

Single Bidder

Domestic

biopharmaceutical company

Acquisition

Majority

Merger

Friendly

De-SPAC

Reverse Takeover

Pending

Synopsis

Edit

Ocean Biomedical, a biopharmaceutical company, agreed to go public via a SPAC merger with Aesther Healthcare Acquisition in a $345m deal. “The world is on the cusp of a new era in biomedicine, and we are excited to be teaming up with a biopharma company that has both cutting-edge science and an innovative business model. We think that combination will result in positive valuations and long term growth, as we continually focus on identifying and accelerating promising discoveries," Suren Ajjarapu, Aesther Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US