Biotech Group Acquisition Corporation

General Information

(Note: Biotech Group Acquisition Corp. withdrew its plans for a $75.0 million SPAC IPO in a March 26, 2024, letter to the SEC. The Irvine, California-based SPAC had filed plans to go public on April 15, 2022.)

We intend to leverage the knowledge, expertise, capabilities and deep industry relationships of our management team and board of directors to focus on biotechnology companies with the potential to capitalize on the growing biotechnology sector in North America and the Asia-Pacific region (excluding China, Hong Kong and Macau). We shall not undertake our initial business combination with any company being based in or having the majority of the company’s operations in China (including Hong Kong and Macau)

We will prioritize targets with a particular focus on the biotechnology sector, where our management team and board of directors have extensive experience.

(Note: Biotech Group Acquisition Corp. cut the size of its SPAC IPO by 25 percent to 7.5 million units, down from 10.0 million units initially, and kept the IPO price at $10.00 per unit, according to an S-1/A filing dated May 25, 2022.)

Employees: 0
Founded: 2022
Contact Information
Phone Number (949) 468-7078
Web Address
View Prospectus: Biotech Group Acquisition Corporation
Financial Information
Market Cap $125.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol BGACU
Exchange NASDAQ
Shares (millions): 7.5
Price range $10.00 - $10.00
Est. $ Volume $75.0 mil
Manager / Joint Managers Tiger Brokers
CO-Managers -
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change