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0 -0.0133451957295374 -0.0258007117437722 -0.0258007117437722 -0.040035587188612 -0.0391459074733096 -0.0480427046263344 -0.0480427046263344
Stock impact report

Medera Inc. to be Listed on NASDAQ Through a Merger Agreement with Keen Vision Acquisition Corporation

Keen Vision Acquisition Corporation (KVAC) 
Company Research Source: PR Newswire
Medera is a clinical-stage biotechnology company focused on targeting difficult-to-treat cardiovascular diseases using a range of next-generation gene- and cell-based approaches in combination with bioengineered human mini-heart drug discovery and screening technology platformsTransaction proceeds to accelerate three most advanced clinical programs for the adeno-associated virus (AAV)-based gene therapy candidatesThe combined company to have an implied initial enterprise value of approximately $622.6 millionMedera's founders and key shareholders have committed approximately $22.6 million (via conversion of all shareholders loans) for this merger, with all existing Medera shareholders rolling 100% of their equityAs a closing condition to the business combination, Medera shall have at least $40 million in available liquidity Anticipated closing of transaction in fourth quarter of 2024SUMMIT, N.J. and BOSTON, Sept. 5, 2024 /PRNewswire/ -- Keen Vision Acquisition Corporation ("KVAC") (Nas Show less Read more
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