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BlueRiver Acquisition Corp. - $BLUA STOCK NEWS

Welcome to our dedicated page for BlueRiver Acquisition news (Ticker: $BLUA), a resource for investors and traders seeking the latest updates and insights on BlueRiver Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BlueRiver Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BlueRiver Acquisition's position in the market.

News
BlueRiver Acquisition Corp. Receives Commencement of Delisting Notice From NYSE American; Announces Extension of Merger Agreement
Rhea-AI Summary
BlueRiver Acquisition Corp. (BLUA) has received a letter from the NYSE American LLC stating that the staff has determined to commence proceedings to delist the Company's Common Stock, Units, and Rights due to the failure to consummate a business combination within 36 months of its initial public offering. The Company has the right to request a review of the delisting determination. Additionally, the Company and Spinal Stabilization Technologies, LLC have agreed to extend the termination date of their Merger Agreement until March 31, 2024.
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Spinal Stabilization Technologies, LLC, a Leading Developer and Manufacturer of Spinal Medical Devices, to be Publicly Listed through a Proposed Business Combination with BlueRiver Acquisition Corp.
Rhea-AI Summary
Spinal Stabilization Technologies and BlueRiver Acquisition Corp. have entered into a definitive business combination agreement. The proposed transaction represents a pre-money equity value of $240 million for Spinal Stabilization Technologies. The combined company will operate as Spinal Stabilization Technologies and be listed on an approved stock exchange. Spinal Stabilization Technologies is focused on developing a lumbar implant for nucleus pulposus replacement to alleviate lower back pain. The PerQdisc, their flagship product, is an investigational device in the U.S. and has not been approved by the FDA. The PerQdisc has been designated as a Breakthrough Device by the FDA. The company aims to penetrate the Augmented Discectomy market, a $4.8 billion opportunity, and the Degenerative Disc Disease market, a $4.6 billion opportunity.
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BlueRiver Acquisition Corp. to Complete Transfer of Listing To NYSE American
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BlueRiver Acquisition Corp. to Transfer Listing To NYSE American
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BlueRiver Acquisition Corp.

NYSE:BLUA

BLUA Rankings

#4260 Ranked by Market Cap
#1582 Ranked by Stock Gains
N/A Ranked by Dividends

BLUA Stock Data

105.04M
1.54M
51.81%
141.75%
0.03%
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United States of America
SAN ANTONIO