23andMe, Inc., a leading consumer genetics and research company, and VG Acquisition Corp. (NYSE: VGAC), a special purpose acquisition company sponsored by Virgin Group, announced today that they have entered into a definitive merger agreement.
23andMe in Talks to Go Public Via Branson SPAC
Consumer DNA-testing company 23andMe Inc. is in talks to go public through a roughly $4 billion deal with VG Acquisition Corp., a special purpose acquisition company founded by billionaire Richard Branson, according to people familiar with the matter.
S-1/A – VG Acquisition Corp.
Filed: 2020-09-23 AccNo: 0000950103-20-018549 Source: SEC S-1 Filing – S-1/A – VG Acquisition Corp. (0001804591) (Filer) Tags: S-1 Filing, SEC,…
Billionaire Richard Branson to raise $400 million for new SPAC as it looks to expand its Virgin empire
Billionaire Richard Branson, who is founder of the Virgin Group has joined the “blank-check” frenzy and is looking to raise $400 million to fund a possible takeover.