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BridgeBio Oncology Therapeutics, Helix Acquisition Corp. II Enter Business Combination Agreement

Benzinga·02/28/2025 12:52:56
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Upon closing of the transaction, the combined company will be renamed "BridgeBio Oncology Therapeutics, Inc." The combined company's common stock is expected to be listed on Nasdaq under the ticker symbol BBOT.

In addition to approximately $196 million held in Helix Acquisition Corp. II's trust account (assumed as of the closing and assuming no redemptions by Helix's public shareholders), the transaction also includes commitments for an approximately $260 million PIPE from a group of premier institutional investors. 

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