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Da32 Life Science Tech Acquisition Corp - DALS STOCK NEWS

Welcome to our dedicated page for Da32 Life Science Tech Acquisition news (Ticker: DALS), a resource for investors and traders seeking the latest updates and insights on Da32 Life Science Tech Acquisition stock.

DA32 Life Science Tech Acquisition Corp. (DALS) provides investors and industry professionals with comprehensive updates on strategic developments in life science innovation. This dedicated news hub tracks the company's progress in identifying transformative healthcare technologies and fostering growth through targeted acquisitions.

Access real-time updates on strategic partnerships, biotechnology advancements, and financial developments that shape DALS' position in the medical technology sector. The curated news collection includes essential updates on genomic research initiatives, medical device innovations, and corporate milestones relevant to investment analysis.

Key focus areas include acquisition strategies in emerging biotech markets, diagnostic technology development, and collaborations with research institutions. Users will find detailed coverage of regulatory developments, product launches, and market expansion efforts while maintaining compliance with financial disclosure standards.

Bookmark this page for streamlined access to verified information about DALS' activities in precision medicine and therapeutic solutions. Check back regularly for objective reporting on how the company navigates the evolving landscape of life science technologies.

Rhea-AI Summary
DA32 Life Science Tech Acquisition Corp. (Nasdaq: DALS) will redeem all outstanding shares of Class A common stock at a per-share redemption price of approximately $10.31, as it will not consummate an initial business combination within the required time period. The redemption is expected to be completed within ten business days after July 28, 2023.
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DA32 Life Science Tech Acquisition Corp. has successfully closed its initial public offering, selling 20,000,000 shares of Class A common stock at $10.00 each. The shares commenced trading on Nasdaq under the ticker symbol DALS on July 28, 2021. The company, sponsored by Deerfield, ARCH, and Section 32, is led by CEO Steven Kafka. DA32 aims to pursue business combinations in the life science technology sector, leveraging the experience of its seasoned management team and board. The offering includes an over-allotment option for underwriters to purchase an additional 3,000,000 shares.

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DA32 Life Science Tech Acquisition Corp. announced the pricing of its initial public offering (IPO) of 20 million shares of Class A common stock at $10.00 per share. The shares will be listed on Nasdaq under the ticker symbol 'DALS', with trading commencing on July 28, 2021, and closing expected on July 30, 2021. Sponsored by Deerfield Management, ARCH Venture Partners, and Section 32, the company aims to merge with life sciences technology firms. J.P. Morgan and Cowen are joint bookrunners, with an option for underwriters to purchase 3 million additional shares.

Forward-looking statements caution the potential uncertainties surrounding the IPO.

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