Fast Track to the NASDAQ In Proteomics SPAC Deal | SPACs Attack

Benzinga
•March 30th, 2021
DESCRIPTION
In this episode, Chris Katje covers another significant event this morning's involving ticker $CMII/U (we're still in units). SomaLogic, a proteomics industry leader, is going public with CM Life Sciences II, valuing the company at $1.2 billion. SoftBank Group, T.Rowe Price, Illumina, Novartis Pharma AG, and ARK Invest are all involved in this 375 million dollar pipe deal. The company employs artifacts and machine learning; they are a market leader with over 300 industry partnerships and customers. They have a cutting-edge technology platform that allows them to measure over 7,000 proteins in a single sample.
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