LENUS BIOSCIENCES SPAC
Dallas
About LENUS BIOSCIENCES SPAC
LENUS BIOSCIENCE SPAC targets to acquire a conglomerate of companies in the area of medical cannabis (R&D, pharmaceutical production, distribution of pharmaceutical products) that create synergies and bring new technologies and a new approach in their business combination together. LENUS IS A MEDICAL BIOTECH PROJECT - dealing with drug nanospheres and medical cannabis. WE ARE DEDICATED TO BRING LENUS TO A SUCCESSFUL IPO - Using a Special Purpose Acquisition Company we focus on the acquisition of promising companies with forward-looking technologies in the pharmaceutical sector and have experience in the medical CBD/THC R&D. IT IS OUR OUTSTANDING VISION TO HAVE IMPACT ON THE MARKET - Nano-Biotech plus CBD /THC will create new drugs and improve the efficiency of proven active ingredients. IT IS OUR STRATEGY TO ACQUIRE POTENTIAL AND CREATE SYNERGIES - Acquire or cooperate with companies that have a proven track record in R&D or are hidden champions in the pharmaceutical market. PEOPLE MAKE THE DIFFERENCE - We work together with experts and institutions who are enthusiastic about making this project a success and who want to pass on their long-standing expertise. Listing at Nasdaq planned; IPO proceeds are planned to be USD 90 - 150 million, S1 to be filed in May 2020. Required pre-IPO capital (sponsor capital) is USD 4.5 - 7.5 million, of which 4.5 M have been raised - there is still a short-term opportunity for pre-IPO investors (sponsors) to invest up to USD 3 M. Sponsors will be provided with founder shares plus one full warrant for each USD invested. The Board of LENUS will consist of industry specialists, respective communication with prospective board members reached its final stage. The only open Board position is the position of the CFO. We are looking for CFO candidates with track records in managing public companies, preferably from the cannabis and/or pharma industry.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Total funding: $4.5M
- Funding stage: Private Equity
- Last round: Private Equity (Nov 2019)
- Website: lenusacquisition.combc
- Phone: [email protected]
Industries & Categories
Cannabis, Pharmaceutical
Social Profiles
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