Baird Medical and ExcelFin Acquisition Corp Complete Business Combination
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
0mins
Source: PRnewswire
Business Combination Announcement: Betters Medical Investment Holdings Limited has successfully completed a business combination with ExcelFin Acquisition Corp., resulting in the formation of a new publicly traded entity, Baird Medical Investment Holdings Limited, which will begin trading on Nasdaq under the ticker symbols "BDMD" and "BDMDW" starting October 2, 2024.
Voting Results and Future Outlook: The special meeting held by ExcelFin saw overwhelming support for the business combination, with approximately 99.9% of votes in favor. The announcement also includes forward-looking statements regarding potential risks and uncertainties related to the future performance of the newly formed company.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
