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New Deal


Announced

Baird Medical to go public via a merger with ExcelFin Acquisition in a $370m deal.

Financials

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Transaction Value£290m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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China

medical devices

Medical Equipment

Acquisition

Cross Border

Private

Majority

De-SPAC

Reverse Takeover

Pending

Friendly

Single Bidder

Synopsis

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Baird Medical, a medical technology company, agreed to go public via a merger with ExcelFin Acquisition, a special purpose acquisition company, in a $370m deal. "The business combination with ExcelFin marks a significant milestone for Baird Medical. We believe ExcelFin's partnership and international connections will provide us with the necessary resources to further expand our presence in the global market, accelerate our growth trajectory, and continue delivering innovative medical solutions to patients worldwide. We are confident that this combination will unlock opportunities and drive our vision of transforming healthcare through advanced, minimally invasive treatments," Haimei Wu, Baird Medical Founder and CEO.

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