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