LEAS^350% .0027>NEW YORK, May 30, 2023 /PRNewswire/ -- ANEW MEDICAL, INC. (“ANEW” or the "Company"), an early-stage biotechnology company focused on
developing disruptive new therapies to treat neurodegenerative diseases, announced today that it has entered into a definitive merger agreement with
Redwoods Acquisition Corp. (NASDAQ: RWOD; "Redwoods"), a publicly traded special purpose acquisition company, or SPAC. ANEW currently has its
common stock quoted on the OTC Markets under the symbol “LEAS”.