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DewDiligence

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DewDiligence

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Re: DewDiligence post# 239388

Tuesday, 09/20/2022 8:05:17 AM

Tuesday, September 20, 2022 8:05:17 AM

Post# of 257382
RCKT acquires RCOR for $2.34/sh in stock—a 23% premium to yesterday’s close:

https://finance.yahoo.com/news/rocket-pharmaceuticals-acquire-renovacor-extending-100000942.html

The nominal deal value is $53M.

RCOR went public one year ago via a SPAC merger (#msg-165745950). RCKT (the buyer) went public via a reverse-merger in 2017 (#msg-134563146).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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