IN BRIEF: RTW's Orchestra BioMed to list on Nasdaq via merger

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RTW Venture Fund Ltd - New York-based investor in life sciences, biopharmaceutical, and medical technology companies - Portfolio firm Orchestra BioMed closes $110 million Series D funding round, and plans to list on Nasdaq through venture of RTW-sponsored firm Health Sciences Acquisitions Corp 2.

Equity financing and business merger is expected to generate at least $180 million in proceeds, which will go toward funding the combined firm into 2026.

Current stock price: $1.00

12-month change: down 52%

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