Adagio speeds up financing rhythm with $42M SPAC deal
The slow pace of financing in med-tech appears to have stimulated cardiac arrhythmia technology developer Adagio Medical Inc. to turn to a special purpose acquisition company (SPAC) in a type of deal that has all but vanished in the last year. The company signed an agreement with Arya Sciences Acquisition Corp. IV to combine in a reverse merger deal that will result in Adagioโs listing on Nasdaq under โADGM.โ
Adagio Medical Inc Arya Sciences Acquisition Corp Adagio Medical Arya Sciences Acquisition Bioworld Medtech Adagio Medical Inc
Source: bioworld.com