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Duane Morris Represents Veraxa in $1.3 Billion SPAC Merger Agreement

April 25, 2025

Duane Morris Represents Veraxa in $1.3 Billion SPAC Merger Agreement

April 25, 2025

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WASHINGTON, D.C., April 25, 2025―Duane Morris LLP advised Veraxa Biotech AG in a merger with Voyager Acquisition Corp., a Cayman Islands-exempted company and publicly traded special purpose acquisition company targeting the healthcare sector (Nasdaq: VACH). The signing of the $1.3 billion transaction was announced April 23, 2025 and is set to be completed in Q3 2025. Once finalized, Veraxa will become a Nasdaq-listed clinical-stage biopharmaceutical company focused on the development of a comprehensive pipeline of next-generation cancer therapies.

A team of lawyers led by Washington, D.C. partner Andy Tucker and Atlanta partner Rebekah D. McCorvey were counsel to Veraxa in the transaction. The team includes Joshua Summers in San Diego, Ethan Heben in Baltimore, Alisha Peters in Fort Worth, Garielle Sinclair in Washington, D.C., Vicki G. Norton, Ph.D. and Ryan C. Smith, Ph.D. in San Diego, and Helen Foley and Natalie A. Stewart in London.

About Veraxa Biotech

Veraxa Biotech is focused on building a premier engine for the discovery and development of next-generation antibody-based therapeutics, including BiTAC antibody-drug conjugates, bispecific T-cell engagers and other innovative formats. Powered by a suite of transformative technologies and guided by rigorous quality-by-design principles, it is rapidly advancing its pipeline of antibody-drug conjugates and proprietary BiTAC formats into clinical development and beyond. Veraxa Biotech was founded on scientific breakthroughs made at the European Molecular Biology Laboratory, a world-renowned institution known for pioneering life science research and cutting-edge technologies. For more information, please visit www.veraxa.com.

About Duane Morris

Duane Morris LLP provides innovative solutions to today’s multifaceted legal and business challenges through the collegial and collaborative culture of its more than 900 attorneys in offices across the United States and internationally. The firm represents a broad array of clients, spanning all major practices and industries. Duane Morris has been recognized by BTI Consulting as both a client service leader and a highly recommended law firm.