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Voyager Acquisition Corporation Announces Approval of Its Business Combination with Veraxa Biotech AG

(Moderate)
(Neutral)

Voyager Acquisition Corporation (NASDAQ: VACH) announced shareholder approval of its previously announced business combination with VERAXA Biotech AG at a general meeting held March 12, 2026. The combined company is expected to list on Nasdaq under VRXA following customary closing conditions and listing approval.

Holders of 25,217,315 Class A shares (≈99.67%) elected redemption, leaving approximately $885,556 in the trust account and 82,685 Class A shares to convert into Veraxa Biotech Holding AG shares upon closing.

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Positive

  • Shareholder approval achieved for the business combination
  • Expected Nasdaq listing under ticker VRXA
  • 82,685 Class A shares will convert into combined company shares

Negative

  • Approximately 99.67% of Class A shares redeemed
  • Only $885,556 expected to remain in trust after redemptions

News Market Reaction – VACH

-2.36%
1 alert
-2.36% Session close to close
$347.88M Market Cap
0.0x Rel. Volume

In the Mar 13 session, VACH declined 2.36%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms shareholder approval of Voyager’s Business Combination with VERAXA and ou...
Analysis

This announcement confirms shareholder approval of Voyager’s Business Combination with VERAXA and outlines a post-closing Nasdaq listing under VRXA. However, holders of 25,217,315 Class A shares, or 99.67% of the class, elected redemption, leaving only 82,685 Class A shares converting and about $885,556 in the trust. Investors may monitor remaining liquidity, Nasdaq listing approvals, and final closing conditions in the Business Combination Agreement.

Key Figures

Class A shares redeemed: 25,217,315 shares Redemptions percentage: 99.67% of Class A shares Trust account remaining: $885,556 +5 more
8 metrics
Class A shares redeemed 25,217,315 shares Redemptions in connection with Business Combination approval
Redemptions percentage 99.67% of Class A shares Portion of Class A ordinary shares redeemed
Trust account remaining $885,556 Expected balance in trust account after redemptions
Class A shares converting 82,685 shares Class A shares converting into Veraxa Biotech Holding AG
Current price $11.00 Pre-news price vs 200-day MA of $10.51
1-day move -9.76% Price change in the 24h before this announcement
52-week range $9.24 – $14.08 Price trades 21.88% below 52-week high before news
Meeting date March 12, 2026 General meeting that approved the Business Combination

Previous Acquisition Reports

3 past events · Latest: Mar 11 (Neutral)
Same Type Pattern 3 events
Date Event Sentiment 24h Move Catalyst
Mar 11 Redemption results update Neutral +14.7% Announced 99.67% Class A redemptions and remaining trust cash post-closing.
Jul 17 Form F-4 filing Positive +0.0% Filed Form F-4 outlining valuation, share issuance, and pro forma equity value.
Apr 23 Deal announcement Positive +0.5% Announced definitive business combination to create Nasdaq-listed biopharma company.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Acquisition-related announcements have generally seen modestly positive or flat reactions, with the recent redemption update drawing the strongest move.

Recent Company History

Over the past year, Voyager’s key milestones have centered on its business combination with VERAXA. The initial agreement on Apr 23, 2025 outlined a Nasdaq-listed oncology-focused company. A Form F-4 filing on Jul 17, 2025 detailed structure and valuation. On Mar 11, 2026, Voyager reported heavy redemptions but confirmed the combination’s path. Today’s approval of the Business Combination continues that progression toward closing and transitioning to Veraxa Biotech Holding AG as the listed entity.

Key Terms

business combination, trust account, class a ordinary shares, redemptions
4 terms
business combination financial
"approved the previously announced business combination (the “Business Combination”) with VERAXA"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
trust account financial
"redeem their shares for a pro rata portion of the funds in the Company's trust account"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
class a ordinary shares financial
"holders of 25,217,315 of the Company's Class A ordinary shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
redemptions financial
"reflecting redemptions of approximately 99.67% of the total Class A shares outstanding"
Redemptions are the act of returning an investment to the issuer or fund in exchange for cash, such as when investors cash out shares in a mutual fund, preferred stock, or when a bond reaches maturity and is paid back. For investors this matters because redemptions change how much cash a company or fund must pay out and can shrink a fund’s size or pressure a company’s liquidity, affecting prices and future yield like many people trying to withdraw money from a single ATM at once.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BROOKLYN, N.Y., March 13, 2026 (GLOBE NEWSWIRE) -- Voyager Acquisition Corporation (NASDAQ: “VACHU,” “VACH,” “VACHW”) (“Voyager” or the “Company”) held the general meeting on March 12, 2026 and approved the previously announced business combination (the “Business Combination”) with VERAXA Biotech AG (“VERAXA”). After the closing of the Business Combination, it is expected that the combined company will trade on Nasdaq under the new symbol (“VRXA”). As previously announced, holders of 25,217,315 of the Company's Class A ordinary shares (“Class A shares”) exercised their right to redeem their shares for a pro rata portion of the funds in the Company's trust account, reflecting redemptions of approximately 99.67% of the total Class A shares outstanding in connection with the completion of the Business Combination pursuant to the business combination agreement between the Company, VERAXA and the other parties thereto (the “Business Combination Agreement”). The 25,217,315 Class A shares, which were submitted for redemption, have not been withdrawn and will accordingly be redeemed pursuant to the option to redeem provided to holders of the Company’s Class A shares. As a result, assuming redemption elections are not withdrawn or reversed, following the effectuation of redemptions approximately $885,556 will remain in the Company's trust account and 82,685 Class A shares will convert into shares of the combined company, Veraxa Biotech Holding AG.

The closing of the Business Combination is subject to listing approvals by Nasdaq, and satisfaction or waiver, as applicable, of other customary closing conditions in the Business Combination Agreement.

About the Business Combination

On April 22, 2025, VERAXA entered into the Business Combination Agreement, as amended. Upon closing of the Business Combination, the combined company will become a publicly traded company listed on Nasdaq trading under the symbol “VRXA”.

About VERAXA Biotech AG

At VERAXA, we are building a premier engine for the discovery and development of next-generation antibody-based therapeutics, including bispecific ADCs, bispecific T cell engagers and other innovative formats. Powered by a suite of transformative technologies and guided by rigorous quality-by-design principles, we are rapidly advancing our pipeline of ADCs and proprietary BiTAC formats into clinical development and beyond. VERAXA was founded on scientific breakthroughs made at the European Molecular Biology Laboratory, a world-renowned institution known for pioneering life science research and cutting-edge technology.

For regular updates about VERAXA Biotech, visit www.veraxa.com. You can also follow us on LinkedIn.

About Voyager Acquisition Corp.

Voyager is a special purpose acquisition company with a bold mission: to revolutionize the healthcare sector through a merger, stock purchase, or business combination. Our team of experienced executives includes unparalleled expertise in investing, operations, and medical innovation, supported by a vast network of connections. With these strengths, we not only seek to drive success but commit to scaling companies to unprecedented heights in the healthcare industry.

For more information, please visit https://www.voyageracq.com.

Participants in the Solicitation

Voyager, VERAXA, and their respective directors, executive officers, other members of management, and employees may be deemed participants in the solicitation of proxies from Voyager’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Voyager’s directors and officers in Voyager’s filings with the Securities and Exchange Commission (the “SEC”), including the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to VERAXA’s directors and executive officers is also included in the proxy statement/prospectus. You may obtain free copies of these documents as described below under the heading “Additional Information and Where to Find It.”

Non-Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Voyager or VERAXA, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

Forward-Looking Statements

This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or VERAXA’s future financial or operating performance. For example, statements regarding VERAXA’s anticipated growth and the anticipated growth and other metrics, and statements regarding the benefits of the Business Combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

These forward-looking statements regarding future events and the future results of VERAXA are based on current expectations, estimates, forecasts, and projections about the industry in which VERAXA operates, as well as the beliefs and assumptions of VERAXA’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Voyager relating to its initial public offering filed with the SEC, and in the proxy statement/prospectus filed by Voyager and VERAXA on February 19, 2026, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC; (ii) uncertainties; (iii) assumptions; and (iv) other factors beyond VERAXA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, VERAXA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and VERAXA therefore cautions against relying on any of these forward-looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by VERAXA and its management, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond VERAXA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against VERAXA or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (ii) the failure to realize anticipated benefits from the Business Combination; and (iii) other risks and uncertainties set forth in the filings with the SEC. There may be additional risks that VERAXA presently does not know or that VERAXA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of VERAXA speak only as of the date they are made. VERAXA does not undertake any obligation to update any forward-looking statements to reflect any changes in expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based.

Additional Information and Where to Find It

In connection with the Business Combination Agreement, Voyager and VERAXA filed a proxy statement/prospectus of Voyager, and other documents regarding the transaction with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Voyager filed with the SEC in connection with the transaction. The definitive proxy statement and other relevant materials for the transaction were mailed and made available to stockholders of Voyager as of the record date established for voting on the transaction.

Before making any voting or investment decision, investors and stockholders of Voyager were urged to carefully read the entire registration statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they contain important information about Voyager, VERAXA, and the transaction. Voyager’s investors and stockholders and other interested persons can also obtain copies of the registration statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that were incorporated by reference therein, and all other relevant documents filed with the SEC by Voyager and/or VERAXA in connection with the transaction, without charge, at the SEC’s website at www.sec.gov, or by directing a request to Voyager at the address set forth below.

Contact 

VERAXA Biotech AG Voyager Acquisition Corp.
Dr. Christoph Antz
CEO
Email:antz@veraxa.com
 Mr. Adeel Rouf
CEO, and Director
Email:adeel@voyageracq.com

For Media and Investors

Mario Brkulj
Valency Communications
Email:mbrkulj@valencycomms.eu

  



FAQ

What did Voyager announce about the business combination with Veraxa on March 13, 2026 (VACH)?

Voyager announced shareholder approval of the business combination with Veraxa, moving toward closing and listing. According to the company, the combined entity is expected to trade on Nasdaq under the new symbol VRXA, subject to Nasdaq listing approval and customary closing conditions.

How many Voyager Class A shares were redeemed in connection with the VACH–Veraxa merger?

Holders elected to redeem 25,217,315 Class A shares, representing about 99.67% of outstanding Class A shares. According to the company, those shares were submitted for redemption and will be redeemed unless holders withdraw their redemption elections.

How much cash will remain in Voyager's trust account after the redemptions for VACH?

Approximately $885,556 is expected to remain in the company's trust account following redemptions. According to the company, that balance reflects the pro rata portion remaining if redemption elections are not withdrawn or reversed.

How many Voyager Class A shares will convert into shares of the combined company (VACH)?

Assuming redemptions are effective, 82,685 Class A shares will convert into shares of Veraxa Biotech Holding AG. According to the company, those remaining Class A shares will convert upon the closing of the business combination.

What conditions remain before the VACH and Veraxa business combination closes and lists as VRXA?

The closing requires Nasdaq listing approvals and satisfaction or waiver of customary closing conditions in the business combination agreement. According to the company, these approvals and condition satisfactions are outstanding prior to effecting the transaction.