Brief: Suneva Medical Inc And Viveon Health Acquisition Corp Announce Merger Agreement To Create A Leading Regenerative Aesthetics Company

Viveon Health Acquisition

12/01/2022 13:31

Jan 12 (Reuters) - Viveon Health Acquisition Corp  VHAQ.A :
    * SUNEVA MEDICAL INC. AND VIVEON HEALTH ACQUISITION CORP.
ANNOUNCE
MERGER AGREEMENT TO CREATE A LEADING REGENERATIVE AESTHETICS
COMPANY
    * VIVEON HEALTH ACQUISITION CORP -  PRO FORMA EQUITY
VALUATION OF
THE COMBINED COMPANY IS EXPECTED TO BE APPROXIMATELY $511
MILLION.
    * VIVEON HEALTH ACQUISITION CORP - UPON COMPLETION OF
TRANSACTION,
COMBINED COMPANY'S SECURITIES ARE EXPECTED TO BE TRADED ON NYSE
UNDER SYMBOL "RNEW"
    * VIVEON HEALTH ACQUISITION CORP - WILL ISSUE 25 MILLION
SHARES TO
CURRENT SECURITY HOLDERS OF SUNEVA
    * VIVEON HEALTH ACQUISITION CORP -  CURRENT SUNEVA SECURITY
HOLDERS MAY ALSO RECEIVE UP TO 12 MILLION EARN OUT SHARES
    * VIVEON HEALTH ACQUISITION CORP - VHAQ RAISED ABOUT $201
MILLION
IN CONNECTION WITH ITS IPO, WHICH IS NOW HELD IN A TRUST ACCOUNT
    * VIVEON HEALTH ACQUISITION CORP - COMBINED COMPANY'S
SECURITIES
ARE EXPECTED TO BE TRADED ON THE NYSE UNDER THE SYMBOL "RNEW."
    * VIVEON HEALTH ACQUISITION CORP - CEO PAT ALTAVILLA WILL
LEAD THE
COMBINED COMPANY, SUNEVA MEDICAL, AS CHIEF EXECUTIVE OFFICER
    * VIVEON HEALTH ACQUISITION CORP - JAGI GILL, CHIEF
EXECUTIVE
OFFICER AND CHAIRMAN OF VIVEON HEALTH, WILL JOIN THE BOARD OF
DIRECTORS OF SUNEVA MEDICAL

Source text for Eikon:  ID:nPn86MwKMa 
Further company coverage:  VHAQ.A 

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