Naarden, The Netherlands, 14 December 2021 - Forbion is proud to announce today the closing of the initial public offering of 11.0 million units of Forbion European Acquisition Corporation (FEAC) on the Nasdaq Global Market at a price of $10.00 per unit, thereby raising a total of $110 million (or a total of $126.5 million including the underwriters’ over-allotment option). Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. The units of FEAC are currently trading under the ticker symbol FRBNU on the Nasdaq Global Market. FEAC was formed for the purpose of effecting a business combination and it intends to focus its efforts to identify a prospective business combination opportunity on the life sciences industry.
