S Korea's Peak Bio to go public on Nasdaq via SPAC deal

S Korea's Peak Bio to go public on Nasdaq via SPAC deal

Photo by RephiLe on Unsplash

Peak Bio, a South Korean clinical-stage biopharmaceutical company, has agreed to go public on Nasdaq through a merger with blank cheque company Ignyte Acquisition Corp in a deal that values the combined business at $278 million.