◂ Announcements

Aug 13, 2021ACQUISITIONUnited States

Memic Innovative Surgery and MedTech Acquisition announce business combination

Memic Innovative Surgery Ltd. and MedTech Acquisition Corporation announced a definitive agreement for a business combination. The combined company will operate under the Memic name and list on Nasdaq. The transaction is expected to close in Q4 2021.

Value

$1.00B

Status

Announced

Productssurgical robotic system (Hominis platform)

CompaniesMemic Innovative Surgery Ltd. target MedTech Acquisition Corporation acquirer

Sectors#Medical Devices

“The combined companies are valued at an estimated pro-forma equity value of more than $1 billion”sec.gov

2 sources
sec.govAug 13, 2021
biopharmawatch.comMemic Innovative Surgery Ltd. and MedTech AcquisitionBiopharmaWatch ResearchAug 13, 2021

Summarized from public sources; check the original articles before acting on it.

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