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Petra Acquisition

United States

Ownership: Private
Development stage: Other

Overview

Petra Acquisition, Inc. was a publicly traded special purpose acquisition company (SPAC) organized to effect a merger or business combination with an operating company in the healthcare or related sector. It entered into a definitive agreement to merge with Revelation Biosciences, Inc., a clinical-stage biotech company focused on immunologic-based therapies for the prevention and treatment of disease, in late 2021. Upon completion of the merger, Petra Acquisition ceased to exist as an independent entity, and the combined company was renamed Revelation Biosciences, Inc. and listed on NASDAQ under the ticker symbol REVB.

Industry: Investors

Partnerships

Redemption backstop and forward share purchase agreements with AXA Prime Impact Master FundRedemption backstop and forward share purchase agreements with Meteora Capital PartnersRedemption backstop and forward share purchase agreements with LifeSci Venture Partners

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