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Jasper Therapeutics has completed its business combination with Amplitude Healthcare Acquisition Corporation, closing on September 24, 2021. The combined company will trade on the Nasdaq Global Select Market under the ticker symbols 'JSPR' and 'JSPRW' starting September 27, 2021. Jasper expects to utilize over $100 million in capital proceeds to advance its clinical programs, notably JSP191, an innovative anti-CD117 monoclonal antibody aimed at improving hematopoietic cell transplants. The deal was approved by Amplitude's shareholders on September 22, 2021.
Amplitude Healthcare Acquisition Corporation (Nasdaq: AMHC) announced that its stockholders approved the business combination with Jasper Therapeutics, Inc. on September 22, 2021, with 74.9% voting in favor out of 9,872,643 total votes. Following the approval, 9,262,099 shares of AMHC Class A common stock were redeemed, allowing Jasper to waive the $130 million cash requirement. The business combination is expected to close around September 24, 2021, and shares of the combined company will begin trading on Nasdaq by September 27, 2021.
