Helix Acquisition Corp. II Releases Proforma Financials Highlighting BridgeBio Oncology Therapeutics Merger

Reuters
08/13
<a href="https://laohu8.com/S/HLXB">Helix Acquisition Corp. II</a> Releases Proforma Financials Highlighting BridgeBio Oncology <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Merger

Helix Acquisition Corp. II has issued proforma combined financial statements related to its recent merger and acquisition (M&A) transaction with BridgeBio Oncology Therapeutics, Inc. The transaction, which was finalized on August 11, 2025, involved Helix merging with BridgeBio Oncology, resulting in the formation of a combined entity now listed on the Nasdaq under the ticker symbol "BBOT." The financial statements highlight that prior to the closing of this de-SPAC transaction, Helix conducted a private placement financing, raising $260.9 million. The combined company received a total of $366.8 million, accounting for the PIPE financing and unredeemed cash, while also reflecting the transaction costs incurred by Helix. This strategic move aims to bolster the company's mission to develop transformative medicines targeting genetic diseases and cancers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helix Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-075190), on August 13, 2025, and is solely responsible for the information contained therein.

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