Brief: Greenlight Biosciences Announces Business Agreement With Environmental Impact Acquisition Corp To Become Publicly Traded Company

Greenlight Biosciences Holdings PBC

10/08/2021 14:58

Aug 10 (Reuters) - Environmental Impact Acquisition Corp
 ENVI.O :
    * ENVIRONMENTAL IMPACT ACQUISITION CORP - COMBINED COMPANY
WILL BE
LISTED ON NASDAQ WITH AN ESTIMATED ENTERPRISE VALUE OF $1.2
BILLION
    * ENVIRONMENTAL IMPACT ACQUISITION CORP - TRANSACTION WILL
PROVIDE
ESTIMATED PROCEEDS TO FUND OPERATIONS OF $282 MILLION
    * ENVIRONMENTAL IMPACT ACQUISITION CORP - GREENLIGHT WILL
CONTINUE
TO BE LED BY CO-FOUNDER AND CEO ANDREY ZARUR, SUPPORTED BY
EXISTING MANAGEMENT TEAM
    * ENVIRONMENTAL IMPACT ACQUISITION CORP - GREENLIGHT PIPE
FINANCING INCLUDES S2G VENTURES, CORMORANT ASSET MANAGEMENT,
MORNINGSIDE VENTURE INVESTMENTS

Source text for Eikon:  ID:nBw1ZKmFKa 
Further company coverage:  ENVI.O 

 ((Reuters.Briefs@thomsonreuters.com;))