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Stock impact report

Vision Sensing Acquisition Corp. Announces Definitive Agreement and Plan of Merger with Mediforum Co., Ltd [Yahoo! Finance]

Vision Sensing Acquisition Corp. (VSAC) 
Company Research Source: Yahoo! Finance
Mediforum is a leading biotechnology company in Korea that focuses on researching and developing ethical drugs and diagnostic reagents, and strategic application products primarily derived from natural material i.e., Korean and oriental traditional medicine to ensure safety and efficacy. Mediforum has been principally involved in drug development with two pipeline drugs: PM012 for Alzheimer's Disease (AD); and MF018 for Chemotherapy-Induced Peripheral Neuropathy (CIPN), both currently are in Phase 2b and Phase 2 clinical trials in Korea, respectively. Vision Sensing Acquisition Corp. (“ VSAC ”) is a NASDAQ listed special purpose acquisition company trading under the ticker symbol “VSAC.” Mediforum will have a pre-money enterprise value of US$250 million at closing, and is also looking to secure additional financing in an amount up to US$50 million from private placement of equity, debt or other alternative financing. NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Vision Sensing Show less Read more
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