Avertix and BIOS Acquisition Corporation Mutually Agree to Terminate Proposed Business Combination
Portfolio Pulse from Benzinga Newsdesk
Avertix Medical, Inc. and BIOS Acquisition Corporation have mutually agreed to terminate their proposed business combination. Avertix is a company focused on improving long-term management and outcomes of high-risk coronary disease in patients who have survived one or more heart attacks, while BIOS is a special purpose acquisition company.

October 04, 2023 | 11:38 am
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BIOS Acquisition Corporation's proposed business combination with Avertix Medical, Inc. has been mutually terminated.
The termination of the proposed business combination could potentially lead to a decrease in BIOS Acquisition Corporation's stock price in the short term, as investors may perceive this as a missed growth opportunity for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100