Globes | Robotic surgery co Memic agrees $1b valuation SPAC merger

August 13th 2021

Israel medical device company Memic Innovative Surgery Ltd. announced the signing of a definitive agreement for a SPAC merger with MedTech Acquisition Corporation (Nasdaq: MTAC). The merged company will have $360 million cash and an equity value of more than $1 billion.

Tadmor Levy & Co. acted as the Israeli counsel to Memic Innovative Surgery Ltd. in its agreement for a SPAC merger with MedTech Acquisition Corporation.

Memic was represented by Elie SprungBoaz Feinberg and Sapir Atal Davidovich.

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