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SPAC HighCape Capital Acquisition Corp. (CAPAU) Surges on Merger with Quantum-Si

Go back to SPAC HighCape Capital Acquisition Corp. (CAPAU) Surges on Merger with Quantum-Si

Quantum-Si, a Pioneer in Semiconductor Chip-Based Proteomics, to Combine with HighCape Capital Acquisition Corp.

February 18, 2021 6:00 AM EST

The transaction will merge Quantum-Sis revolutionary, end-to-end proteomics solution, and HighCape Capital Acquisition Corp., a healthcare-focused SPAC sponsored by leading healthcare growth equity investment firm HighCape Capital LP.The transaction is further supported by an oversubscribed $425 million PIPE with participation from leading institutional investors, including Foresite Capital Management, LLC, Eldridge, accounts advised by ARK Invest, Glenview Capital Management, LLC, and Redmile Group, LLC.The pro forma equity value of the business combination is $1.460 billion, with the combined company expected to have an estimated $514 million... More