Environmental Impact Acquisition Corp. (ENVI) to Combine with GreenLight Biosciences in $1.2Bn Deal

Environmental Impact (NASDAQ:ENVI) has entered into a definitive agreement to combine with biotech firm GreenLight at an enterprise value of $1.2 billion, or 6.6x its 2023E revenue. Medford, Massachusetts-based GreenLight is developing a biomanufacturing platform for commercializing ribonucleic acid (RNA) products for both agricultural and human health applications. The combined company is expected to trade
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