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Humacyte to go public via SPAC

By Brian Buntz | August 24, 2021

HumacyteThe biotech platform company Humacyte is merging with Alpha Healthcare Acquisition Corp. (NSDQ:AHAC) (“AHAC”), a special purpose acquisition company (SPAC).

AHAC’s shareholders approved the deal today and plan to submit results from the meeting to the SEC via a Form 8-K document.

The two organizations expect the merger to finalize on August 26 and stock shares to begin trading under the tickers “HUMA” and “HUMAW” a day later.

Based in Durham, N.C., Humacyte specializes in implantable bioengineered human tissues and organs, including acellular tissues for treating various ailments.

The company’s first product candidate, known as HAV, includes vascular cells on a polymer mesh that eventually form a cylindrical vessel structure. HAV is the first product to receive Regenerative Medicine Advanced Therapy (RMAT) designation from FDA. It has also received FDA fast track designation.

Former Duke University professor Laura Niklason and Duke University alumni Shannon Dahl and Juliana Blum founded Humacyte in 2004.

Alpha Healthcare Acquisition Corp. first reached a definitive agreement to merge with Humacyte in February 2021.

AHAC went public in late July.


Filed Under: clinical trials, Drug Discovery
Tagged With: Alpha Healthcare Acquisition Corp., Humacyte, SPAC, special purpose acquisition company
 

About The Author

Brian Buntz

As the pharma and biotech editor at WTWH Media, Brian has almost two decades of experience in B2B media, with a focus on healthcare and technology. While he has long maintained a keen interest in AI, more recently Brian has made making data analysis a central focus, and is exploring tools ranging from NLP and clustering to predictive analytics.

Throughout his 18-year tenure, Brian has covered an array of life science topics, including clinical trials, medical devices, and drug discovery and development. Prior to WTWH, he held the title of content director at Informa, where he focused on topics such as connected devices, cybersecurity, AI and Industry 4.0. A dedicated decade at UBM saw Brian providing in-depth coverage of the medical device sector. Engage with Brian on LinkedIn or drop him an email at bbuntz@wtwhmedia.com.

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