SANUWAVE Health Enters Merger Agreement With Sweat Equity Partners And Mercury Life Sciences-Affiliated SEP Acquisition Corp.; Combined Co. Expects To Receive ~$13M Of Gross Proceeds At Closing
Portfolio Pulse from Benzinga Newsdesk
SANUWAVE Health has entered a merger agreement with Sweat Equity Partners and Mercury Life Sciences-affiliated SEP Acquisition Corp. The combined company is expected to receive approximately $13M of gross proceeds at closing.
August 23, 2023 | 8:32 pm
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SANUWAVE Health's merger with Sweat Equity Partners and SEP Acquisition Corp. is expected to bring in $13M in gross proceeds at closing.
The merger is a significant event for SANUWAVE Health as it is expected to bring in substantial gross proceeds. This could potentially boost the company's financial position and lead to a positive impact on its stock price in the short term.
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