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ReNew Power lists on Nasdaq at a valuation of $4 5 billion
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RMG Acquisition II : ReNew Power, le leader des énergies renouvelables en Inde, annonce son introduction en bourse par le biais d un regroupement d entreprise avec RMG Acquisition Corporation II dans le cadre d une transaction de 8 milliards de dollars
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Roivant Purchases Silicon Therapeutics
Roivant Sciences has agreed to acquire
Silicon Therapeutics for $450 million in Roivant equity, with additional potential regulatory and commercial milestone payments.
The acquisition of Silicon Therapeutics bolsters Roivant’s targeted protein degradation platform. That platform will be powered by VantAI’s advanced machine learning models trained on proprietary degrader-specific experimental data and by Silicon Therapeutics’ proprietary computational physics capabilities, which help address many of the modality-specific challenges of degrader design and optimization. Integrating Silicon Therapeutics and VantAI will enable Roivant to distinctively capture the power of both computational physics and machine learning-based approaches to drug design; for instance, by incorporating proprietary computational physics simulations as training data for VantAI’s degrader-specific deep learning models.
ReNew Power Announces IPO through Combination with RMG SPAC
ReNew Power Private Limited, an Indian renewable energy producer, and
RMG Acquisition Corporation II have made a business combination agreement which provides an IPO for ReNew on the
Nasdaq Capital Market.
The merged company will be named
ReNew Energy Global PLC and be listed on the Nasdaq under the ticker symbol “RNW.” The transaction will consolidate ReNew’s position in solar and wind power generation in the Indian market, funding medium-term growth opportunities, as well as reducing its level of debt. The leadership of ReNew will remain unchanged, with
Sumant Sinha as chairman and CEO of the merged company, overseeing its strategic growth initiatives and expansion.