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    Home»Business»SPAC Senior Connect I eyes merger with diagnostics maker Avellino Lab
    Business

    SPAC Senior Connect I eyes merger with diagnostics maker Avellino Lab

    Todd LivingstonBy Todd LivingstonDecember 6, 2022No Comments1 Min Read
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    SPAC, the symbol for a special purpose acquisition company.  The businessman holds the cubes and words

    Named Dmitry Dzemidovich

    Opinion of the company SPAC Senior Connect Acquisition Corp.NASDAQ: SNRH) (SNRHW) (SNRHU) has signed a letter of intent to merge with precision medicine and diagnostics Avellino Lab USA before the end of Dec. 15 the last day, which wants to add.

    The SPAC said it expects to have a definitive agreement in place during Q1 2023.

    The company is also holding a special meeting of shareholders on Dec. 9 to agree to extend its deadline to complete the initial business combination to Dec. 15, 2023. Proxies were sent to stockholders on Nov. 7.

    Avellino Labs sells tests for COVID-19 and other eye diseases. The company is also working on a non-invasive test for early cancer.

    Senior Connect went public in December 2020 through an initial public offering that raised $414M.

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    Todd Livingston

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