The team be­hind eF­FEC­TOR's SPAC deal is back af­ter go­ing from launch to merg­er in just 4 months

Ed­i­tor’s note: In­ter­est­ed in fol­low­ing bio­phar­ma’s fast-paced IPO mar­ket? You can book­mark our IPO Track­er here.

The folks who suc­cess­ful­ly launched and merged a SPAC ear­li­er this year are back again, this time seek­ing to take an­oth­er part­ner to Nas­daq through the blank-check route.

Fol­low­ing the de­but of eF­FEC­TOR Ther­a­peu­tics, the team be­hind the Lo­cust Walk Ac­qui­si­tion SPAC will em­bark on a new re­verse merg­er at­tempt, ac­cord­ing to an SEC fil­ing. The new SPAC will be called Phoenix Biotech Ac­qui­si­tion, and it is pen­cil­ing in $155 mil­lion for its IPO.

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