Aesther Healthcare Acquisition Corp. /
Ocean Biomedical
Aesther Healthcare Acquisition Corp. and Ocean Biomedical Holdings, Inc. complete business combination
- Terms
- Not stated
- Stage
- Closed
What happened
Aesther Healthcare Acquisition Corp. completed its business combination with Ocean Biomedical Holdings, Inc. on Feb. 14, 2023. Ocean Biomedical Holdings, Inc. became a wholly owned subsidiary of the combined company, which took the name Ocean Biomedical, Inc.
The transaction exchanged all outstanding capital stock of Ocean Biomedical Holdings, Inc. for shares valued at $233,554,320, subject to closing adjustments. The filing describes Ocean Biomedical as having a portfolio of product candidates for clinical development.
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Aesther Healthcare Acquisition Corp. and Ocean Biomedical Holdings, Inc. complete business combination
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