23andMe going public with help of Richard Branson-backed SPAC ...Middle East

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23andMe going public with help of Richard Branson-backed SPAC
source : New York Post ( Middle East ) () 11
A blank-check firm backed by Virgin Group founder Sir Richard Branson is taking consumer DNA-testing firm 23andMe public in a deal that values the merged entity at $3.5 billion, the companies said Thursday. As part of the deal with VG Acquisition, 23andMe will receive proceeds of $759 million, which includes $250 million from a range of investors including Branson, 23andMe co-founder...

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