Akili Interactive is the latest company to go public via SPAC deal (Boston Business Journal):
Boston’s Akili Interactive Labs Inc. is the latest Massachusetts-based company to go public after completing a reverse merger — in a year of market turmoil that saw few local firms passing the threshold between private and public status.
Shares of Akili started trading on Monday on the Nasdaq Capital Market under the new ticker symbol “AKLI” after the company completed its previously announced reverse merger with Social Capital Suvretta Holdings Corp. I (Nasdaq: DNAA), a special purpose acquisition company, or SPAC. [Read more…] about Digital therapeutics pioneer Akili Interactive Labs goes public, raising $150M+; trades down 49% first day