CalidiBiotherapeutics to go public via a SPAC merger with Edoc Acquisition in a $449m deal.

Calidi Biotherapeutics, a clinical-stage immuno-oncology company, agreed to go public via a SPAC merger with Edoc Acquisition, a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities, in a $449m deal. “We are excited about combining with Edoc to advance our mission of delivering life-saving oncolytic virus therapies with the potential to revolutionize patient care. This business combination positions us well as we enter the next phase of our growth, delivering on the promise of our NeuroNova (NNV) and SuperNova (SNV) platforms, to surpass the deficiencies of the first generation oncolytic viruses existing in the marketplace. Furthermore, it will allow us to leverage Edoc’s extensive 400+ physician network across many disciplines,” Allan Camaisa, Calidi Biotherapeutics CEO.