.
MergerLinks Header Logo

New Deal


Announced

Completed

CERo Therapeutics went public via a SPAC merger with Phoenix Biotech in a $50m deal.

Financials

Edit Data
Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

immunotherapy

Health Care Services

Acquisition

Domestic

Majority

Private

Reverse Takeover

De-SPAC

Friendly

Single Bidder

Completed

Synopsis

Edit

CERo Therapeutics, an innovative immunotherapy company, went via a SPAC merger with Phoenix Biotech, a blank-check company, in a $50m deal. “We are thrilled to join forces with PBAX. With CERo technology we see an opportunity to engage the body’s full immune repertoire for optimized cellular immunotherapy. Chris and Brian bring a wealth of experience to the CERo team during this important time as we look to test the first CER T cell therapeutic candidate in the clinic," Daniel Corey, CERo CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US