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New Deal


Announced

Profusa to go public via a SPAC merger with NorthView Acquisition in a $264m.

Financials

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Transaction Value£231m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

De-SPAC

Reverse Takeover

Acquisition

United States

diagnostics & monitoring equipment

Domestic

Single Bidder

digital health platform

Private

Merger

Friendly

Pending

Medical Equipment

Synopsis

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Profusa, a developer of tissue-integrating biosensors designed to assist continuous monitoring of body chemistry, agreed to go public via a SPAC merger with NorthView Acquisition in a $264m. "We believe our merger with Profusa represents a rare opportunity to partner with a management team and business that is highly sought after to be a public company with a true platform solution, globally focused and with technology validated via product approval and ready for launch. We are confident that this business combination will provide Profusa or the Combined Company with the financial resources to launch its commercial plans for its oxygen biosensor product, seek FDA approval for its continuous glucose monitoring product and continue to develop near term revenue opportunities to leverage its novel tissue integrated biosensor technology platform," Jack Stover, NorthView CEO.

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