STAT+: RNA firm GreenLight Biosciences to go public in $1.2 billion deal

A Massachusetts-based synthetic biology company whose research ranges from developing pesticide alternatives for crops to a Covid-19 vaccine candidate plans to go public to advance its RNA manufacturing platform.

GreenLight Biosciences agreed to merge with Environmental Impact Acquisition Corp., a special purpose acquisition company, in a deal that values the firm — which has not yet brought a product to market — at about $1.2 billion.

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