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Moringa Acquisition Corp - $MACA STOCK NEWS

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

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Rhea-AI Summary
Silexion, a biotech company, successfully tested its product Loder™ in a Phase 2a clinical trial for pancreatic cancer, showing a significant survival advantage. Moringa Acquisition Corp (Nasdaq: MACA) announced a business combination with Silexion, valuing the company at $62.5 million. The merger aims to list Silexion on Nasdaq, offering shareholders a chance to invest in its promising RNA therapeutics platform.
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Rhea-AI Summary
Moringa Acquisition Corp (Nasdaq: MACA) announced an extraordinary general meeting to extend the date for an initial business combination. The sponsor will make additional contributions to the trust account if the extension is approved. The contributions will be $15,000 or $0.025 per public share each month until the new termination date. The company will liquidate if the sponsor fails to make a contribution. The contributions will be repayable upon a business combination or forfeited if no combination is made. The trust account proceeds will be invested in U.S. government treasury bills or money market funds. More information can be found in the definitive proxy statement and supplement.
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Moringa Acquisition Corp

Nasdaq:MACA

MACA Rankings

MACA Stock Data

43.19M
770.02k
9.12%
11.33%
0.13%
Shell Companies
Financial Services
Link
United States of America
NEW YORK

About MACA

moringa acquisition corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. moringa intends to focus its search on israel-related technology companies.