Biotech Group Acquisition Corporation (BGACU) Announces Downsized IPO Plans of 7.5M Units at $10/unit

May 26, 2022 6:15 AM EDT

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Biotech Group Acquisition Corporation (NASDAQ: BGACU) has filed for downsized 7,500,000 unit IPO at $10 per unit. Each unit consists of one share of Class A common stock and one redeemable warrant.

The company previously indicated 10,000,000 unit IPO at $10 per unit.

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