Hyperfine announced today that it completed its merger with HealthCor Catalio Acquisition Corp. and has gone public. Guilford, Connecticut-based Hyperfine initially announced the proposed merger with HealthCor, a special purpose acquisition company (SPAC) in July. The company will receive approximately $160 million in gross cash proceeds from the business combination and a concurrent private placement, […]
HealthCor Catalio Acquisition Corp.
Hyperfine and Liminal Sciences today said they will go public by merging with a SPAC called HealthCor Catalio Acquisition Corp. The merger is valued at approximately $580 million upon closing and is expected to have a combined entity of $375 million in cash. The combined company’s estimated cash balance will be $207 million from the […]