Finance Watch: SPACs Lose Their Luster As Difficulties Mount
ProKidney Announces, Gemini Closes SPAC Mergers
Executive Summary
Public Company Edition: While panelists at Biotech Showcase argued merging with a special purpose acquisition corporation is not as attractive as it used to be, firms continue to pursue this go-public alternative. Also, Hillstream launched a small IPO and Cytokinetics accessed cash from Royalty Pharma.
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