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Biotech investor Cormorant secures $150M for another SPAC deal
Yahoo Finance· 2026-01-26 17:43
This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. Dive Brief: A blank-check entity formed by biotechnology investor Cormorant Asset Management has raised $150 million in an initial public offering meant to support a future merger with a privately held company. The special purpose acquisition company or “SPAC,” called Helix Acquisition Corp. III, sold 15 million shares at $10 apiece, some 2.5 million more sh ...