Week In Review: YishengBio To List On NASDAQ Via SPAC Merger At An $834 Million Value
October 01, 2022 at 15:40 PM EDT
Beijing YishengBio will merge with a SPAC vehicle, Summit Healthcare Acquisition, to list on the NASDAQ Exchange at a pre-money equity value of $834 million. The merger is expected to provide up to $230 million in cash to YishengBio.