PrimeGen US Enters Definitive Business Combination With DT Cloud Star Acquisition Corporation
February 4, 2026
PrimeGen US, Inc. entered into a definitive business combination agreement with DT Cloud Star Acquisition Corporation (a publicly traded SPAC), implying an equity value of approximately $1.5 billion. The transaction is expected to provide access to public markets capital to advance PrimeGen US’s stem cell and exosome therapies, with an anticipated closing in the second half of 2026 subject to approvals and customary closing conditions.
- Buyers
- DT Cloud Star Acquisition Corporation
- Targets
- PrimeGen US, Inc.
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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