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See today's BioWorld MedTech
Home » Adagio speeds up financing rhythm with $42M SPAC deal
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Adagio speeds up financing rhythm with $42M SPAC deal

Feb. 16, 2024
By Annette Boyle
The slow pace of financing in med-tech appears to have stimulated cardiac arrhythmia technology developer Adagio Medical Inc. to turn to a special purpose acquisition company (SPAC) in a type of deal that has all but vanished in the last year. The company signed an agreement with Arya Sciences Acquisition Corp. IV to combine in a reverse merger deal that will result in Adagio’s listing on Nasdaq under “ADGM.”
BioWorld MedTech Deals and M&A Financings Acquisition Merger U.S.

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