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BRIEF-Tango Therapeutics, BCTG Acquisition Corp. Announce Merger Agreement To Create Publicly Listed Precision Medicine Company Focused On Targeted Cancer Therapies

Reuters
2021/04/14

April 14 (Reuters) - Bctg Acquisition Corp :

* TANGO THERAPEUTICS AND BCTG ACQUISITION CORP. ANNOUNCE MERGER AGREEMENT TO CREATE PUBLICLY LISTED PRECISION MEDICINE COMPANY FOCUSED ON THE NEXT GENERATION OF TARGETED CANCER THERAPIES

* BCTG ACQUISITION CORP - TOTAL PROCEEDS EXPECTED TO BE APPROXIMATELY $353 MILLION

* BCTG ACQUISITION - LEADING INSTITUTIONAL INVESTORS COMMIT $186 MILLION THROUGH A COMMON STOCK PRIVATE INVESTMENT IN PUBLIC EQUITY LED BY BOXER CAPITAL

* BCTG ACQUISITION CORP - TANGO THERAPEUTICS, INC. COMMON STOCK IS EXPECTED TO BE LISTED ON NASDAQ UNDER TICKER SYMBOL "TNGX"

* BCTG ACQUISITION CORP - TOTAL PROCEEDS EXPECTED TO BE ABOUT $353 MILLION, COMBINING FUNDS HELD IN TRUST BY BCTG ACQUISITION CORP AND PIPE FINANCING

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