Ignyte Acquisition Corp. Completes Business Combination with Peak Bio Co., Ltd.
November 2, 2022
Ignyte Acquisition Corp. completed its business combination with clinical-stage biopharmaceutical company Peak Bio Co., Ltd. The combined company began trading on NASDAQ as “Peak Bio, Inc.” under ticker “PKBO.” The transaction followed stockholder approvals at Ignyte’s special meeting on October 25, 2022.
- Buyers
- Ignyte Acquisition Corp., Peak Bio, Inc. (formerly Peak Bio Co., Ltd. after combination)
- Targets
- Peak Bio Co., Ltd.
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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