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Oerth Bio, a pioneering agricultural biotech firm, has appointed Thong Q. Le as an independent board member. With over 20 years of experience in biotech investments and leadership, Le's addition is expected to support the company as it advances its Attune™ platform aimed at enhancing plant health. Oerth Bio's technology aspires to protect crops and optimize agricultural practices, thus reducing environmental impact. The company, established through a joint venture between Arvinas and Bayer, continues to evolve its product pipeline amidst significant funding backing.
ALSP Orchid Acquisition Corporation I (NASDAQ: ALORU) has successfully closed its initial public offering, raising proceeds through 17,250,000 units priced at
ALSP Orchid Acquisition Corporation has priced its initial public offering (IPO) at $10.00 per unit, totaling 15,000,000 units. This IPO will list on Nasdaq under the ticker symbol 'ALORU' starting November 19, 2021, and is expected to close on November 23, 2021. Each unit contains one Class A ordinary share and a half redeemable warrant, with each whole warrant priced at $11.50. The company aims to merge or acquire businesses, backed by Stifel, Nicolaus & Company and Nomura Securities as joint book-running managers.
