BRIEF-Mana Capital Acquisition Corp And Cardio Diagnostics Announce Definitive Business Combination Agreement To Create Publicly Listed Company

Reuters

2022/05/31

May 31 (Reuters) - Mana Capital Acquisition Corp :

* MANA CAPITAL ACQUISITION CORP. AND CARDIO DIAGNOSTICS, INC. ANNOUNCE DEFINITIVE BUSINESS COMBINATION AGREEMENT TO CREATE PUBLICLY LISTED COMPANY SET TO TRANSFORM CARDIOVASCULAR DISEASE THROUGH EPIGENETICS

* MANA CAPITAL - CARDIO DIAGNOSTICS' CASH ON BALANCE SHEET PRIOR TO CLOSING IS EXPECTED TO FUND COMBINED COMPANY'S OPERATIONS THROUGH END OF 2023

* MANA CAPITAL ACQUISITION CORP - COMBINED COMPANY'S CHAIRMAN WILL BE WARREN HOSSEINION

* MANA CAPITAL ACQUISITION CORP - UPON CLOSING OF TRANSACTION, MANA WILL BE RENAMED CARDIO DIAGNOSTICS HOLDINGS, INC

* MANA CAPITAL ACQUISITION CORP - EXPECTS TO REMAIN LISTED ON NASDAQ GLOBAL MARKET UNDER A NEW TICKER SYMBOL "CDIO".

* MANA - COMBINED COMPANY IS EXPECTED TO HAVE AN APPROXIMATE POST-TRANSACTION EQUITY MARKET CAPITALIZATION OF $175 MILLION ASSUMING NO REDEMPTIONS

* MANA-CURRENT CARDIO DIAGNOSTICS MANAGEMENT, EMPLOYEES,EXISTING SHAREHOLDERS WILL ROLL 100% OF EXISTING EQUITY HOLDINGS INTO EQUITY OF COMBINED COMPANY

Source text for Eikon: Further company coverage:

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ANNOUNCE DEFINITIVE BUSINESS COMBINATION AGREEMENT TO CREATE PUBLICLY LISTED COMPANY SET TO TRANSFORM CARDIOVASCULAR DISEASE THROUGH EPIGENETICS</p><p>   * MANA CAPITAL - CARDIO DIAGNOSTICS' CASH ON BALANCE SHEET PRIOR TO CLOSING IS EXPECTED TO FUND COMBINED COMPANY'S OPERATIONS THROUGH END OF 2023</p><p>   * MANA CAPITAL ACQUISITION CORP - COMBINED COMPANY'S CHAIRMAN WILL BE WARREN HOSSEINION</p><p>   * MANA CAPITAL ACQUISITION CORP - UPON CLOSING OF TRANSACTION, MANA WILL BE RENAMED CARDIO DIAGNOSTICS HOLDINGS, INC</p><p>   * MANA CAPITAL ACQUISITION CORP - EXPECTS TO REMAIN LISTED ON NASDAQ GLOBAL MARKET UNDER A NEW TICKER SYMBOL \"CDIO\".</p><p>   * MANA - COMBINED COMPANY IS EXPECTED TO HAVE AN APPROXIMATE POST-TRANSACTION EQUITY MARKET CAPITALIZATION OF $175 MILLION ASSUMING NO REDEMPTIONS</p><p>   * MANA-CURRENT CARDIO DIAGNOSTICS MANAGEMENT, EMPLOYEES,EXISTING SHAREHOLDERS WILL ROLL 100% OF EXISTING EQUITY HOLDINGS INTO EQUITY OF COMBINED COMPANY</p><p>Source text for Eikon:    Further company coverage:   </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2239179231","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2239179231","pubTimestamp":1653998617,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"May 31 (Reuters) - Mana Capital Acquisition Corp   :   * MANA CAPITAL ACQUISITION CORP. 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