Ginkgo Bioworks to Go Public with Over $1.6 Billion in Proceeds
Soaring Eagle Acquisition Corp. - Unit (SRNGU)
Company Research
Source: Business Wire
Soaring Eagle Shareholder Approval Obtained, Closing Scheduled for September 16, 2021Ginkgo Set to Begin Trading under NYSE: DNA on September 17, 2021$1.633 billion in proceeds from the business combination represents the largest-ever biotechnology go-public transaction.Investors were led by Baillie Gifford, Putnam Investments, and funds and accounts managed by Counterpoint Global (Morgan Stanley Investment Management). Additional investors included ARK Investment Management LLC, ArrowMark Partners, Bain Capital Public Equity, Cascade Investment, Casdin Capital, Franklin Advisers, T. Rowe Price, and Viking Global Investors.Business combination with Ginkgo approved by Soaring Eagle shareholders with 75% of shareholders participating in the vote and 97% voting in favor of the transaction. NEW YORK--(BUSINESS WIRE)--Soaring Eagle Acquisition Corp. (the “Company” or “Soaring Eagle”) (Nasdaq: SRNGU, SRNG, SRNGW) announced today that its business combination (the “Business Combination”)
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