Renovacor Inc

:CHAQ  
7.17
+0.07 (+0.99%)
Debt Financing / Related, Officer Changes, Exchange Changes

Renovacor Inc To Merge With Chardan Healthcare Acquisition 2 Corp

Published: 03/23/2021 12:07 GMT
(CHAQ) - Renovacor, Inc. to Merge With Chardan Healthcare Acquisition 2 Corp.
Chardan Healthcare Acquisition 2 Corp - Combined Company is Expected to Receive Gross Proceeds of Up to $116 Million.
Chardan Healthcare Acquisition 2 Corp - Upon Closing, Chaq Will Be Renamed Renovacor, Inc, Common Stock is Expected to Be Listed on Nyse Under "rcor".
Chardan Healthcare Acquisition 2 Corp - Combined Company Will Be Led by President and Chief Executive Officer Magdalene Cook, Mdchardan Healthcare Acquisition 2 Corp - Chaq Will Issue 6.5 Million Shares to Current Securityholders of Renovacor.
Chardan Healthcare Acquisition 2 Corp - Current Securityholders of Renovacor Are Estimated to Own About 42% of Securities in Combined Co at Closing.
Chardan Healthcare Acquisition 2 Corp - Common Stock Pipe of $30 Million in Renovacor Deal.