Medicus proposes $135 million pre-money SkinJect business combination with undisclosed SPAC
Medicus Pharma Ltd.'s wholly owned subsidiary SkinJect, Inc. entered a non-binding letter of intent with an undisclosed special purpose acquisition company for a proposed business combination that contemplates a $135 million pre-money enterprise valuation for SkinJect and a concurrent equity financing. The SPAC would acquire 100% of SkinJect in exchange for newly issued common shares of the combined company, with Medicus seeking to retain majority economic and voting ownership of a separately listed company. The...
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