M&A
confidence high
sentiment neutral
materiality 0.25
MCAG adds newly formed entities as parties to AUM Biosciences merger agreement
Mountain Crest Acquisition Corp. V
- Joinder Agreement dated Jan 27, 2023 admits Holdco (AUM Biosciences Limited), Amalgamation Sub, and Merger Sub to the Oct 19, 2022 Business Combination Agreement.
- Holdco will become the publicly traded holding company; Amalgamation Sub will merge into AUM Biosciences; Merger Sub will merge into SPAC.
- No changes to transaction terms, consideration, or closing conditions were disclosed in the joinder.
- All newly formed entities are wholly-owned subsidiaries of Holdco.