Biotech Acquisition Company Announces Public Filing of Registration Statement on Form S-4 Related to Proposed Merger with Blade Therapeutics, Inc.

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NEW YORK, March 16, 2022 /PRNewswire/ — Biotech Acquisition Organization (NASDAQ: BIOT) (“BAC“), a publicly traded distinctive goal acquisition enterprise affiliated with SPRIM World wide Investments, these days announced that it has publicly submitted, with the U.S. Securities and Exchange Fee, a registration assertion on Variety S-4 relating to its formerly announced proposed company mix with Blade Therapeutics, Inc. (“Blade“), a biopharmaceutical business centered in South San Francisco, CA.

Biotech Acquisition Company Announces Public Filing of Registration Statement on Form S-4 Related to Proposed Merger with Blade Therapeutics, Inc. — (PRNewsfoto/Biotech Acquisition Company)

BAC and Blade introduced their definitive merger arrangement on November 8, 2021. Upon the closing of the transaction, the put together company will be renamed Blade Biotherapeutics, Inc., and is envisioned to be listed on Nasdaq under the image “BBTX.” PIPE financing is anchored by leading institutional investors, like Deerfield Management, Pfizer Ventures, Bristol Myers Squibb, MPM Cash and Osage University Companions.

The registration statement is made up of a preliminary proxy statement/prospectus. These paperwork comprise significant information about BAC, Blade and the proposed enterprise mix. The registration statement has not but develop into powerful and the data contained therein and in the preliminary proxy assertion/prospectus is subject to change.

About Biotech Acquisition Firm

Biotech Acquisition Firm elevated $230 million in its preliminary public presenting in January 2021. The Course A ordinary shares and warrants of BAC trade on the Nasdaq Money Marketplace less than the symbols “BIOT” and “BIOTW,” respectively. BAC is a blank check out business, incorporated as a Cayman Islands exempted corporation, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share buy, reorganization or other very similar organization mixture with 1 or additional companies. BAC thinks that a organization blend with a company concentrated on the health care sector will enhance the history and experience of SPRIM Worldwide Investments, a world wide expenditure company in the daily life sciences and health care industries, which is an affiliate of BAC and of numerous users of the administration team behind BAC. BAC is led by Dr. Michael Shleifer, its CEO and chairman.

About Blade Therapeutics

Blade Therapeutics, Inc. is a biopharmaceutical company targeted on producing reducing-edge treatments for debilitating, incurable fibrotic and neurodegenerative disorders that effects millions of folks all over the world. The enterprise has deep knowledge in novel organic pathways – like autotaxin / LPA and calpain biology – that are foundational to cell- and tissue-hurt responses ensuing from protein deposition or aggregation associated with fibrotic and neurodegenerative disorders. Blade expects to advance a differentiated pipeline of oral, little-molecule therapies that include a non-competitive autotaxin inhibitor and inhibitors of dimeric calpains developed for potential cure of lung, liver and cardiac fibrosis or neurodegenerative disorders. The company’s concentrated technique features the opportunity to develop sickness-modifying, daily life-saving therapies. Take a look at www.blademed.com for far more data and abide by Blade on LinkedIn.

Further Facts and Wherever to Uncover It

This push release relates to a proposed organization mix involving BAC and Blade (the “Transaction“). This press launch does not represent an present to promote or trade, or the solicitation of an provide to purchase or trade, any securities, nor shall there be any sale of securities in any jurisdiction in which this sort of offer you, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any these types of jurisdiction. In relationship with the Transaction, BAC has publicly submitted a registration assertion on Form S-4 with the U.S. Securities and Trade Fee (the “SEC“), which contains a preliminary proxy statement/prospectus. Immediately right after the registration statement is declared successful by the SEC, BAC will mail the definitive proxy statement/prospectus and a proxy card to each and every shareholder of BAC as of a document date for the assembly of BAC shareholders to be recognized for voting on the Transaction. Investors are urged to study these materials (including any amendments or health supplements thereto) and any other appropriate files in link with the Transaction that BAC has filed or will file with the SEC, when they turn out to be accessible, for the reason that they do or will contain significant info about BAC, Blade, and the Transaction. The preliminary proxy statement/prospectus, the definitive proxy statement/prospectus (when it results in being available) and other suitable supplies in link with the Transaction, and any other files submitted by BAC with the SEC, could be obtained absolutely free of charge on the SEC’s web-site (www.sec.gov). The files submitted by BAC with the SEC may possibly also be acquired absolutely free of charge upon penned request to Biotech Acquisition Corporation, 545 West 25th Avenue, 20th Ground, New York, NY 10001.

Participants in the Solicitation

BAC and its directors and govt officers may perhaps be deemed participants in the solicitation of proxies from BAC’s shareholders with regard to the Transaction and relevant issues. Information about BAC’s directors and govt officers and a description of their interests in BAC and the Transaction will be integrated in the proxy statement/prospectus for the Transaction when readily available and will be out there no cost of cost at the SEC’s website (www.sec.gov).

Blade and its directors and government officers may possibly also be considered to be contributors in the solicitation of proxies from the shareholders of BAC in relationship with the Transaction. Facts about Blade’s directors and executive officers and info with regards to their pursuits in the Transaction is involved in the proxy assertion/prospectus for the Transaction and can be received absolutely free of charge as explained in the preceding paragraph.

No Provide or Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in regard of the Transaction and does not represent an offer you to offer or a solicitation of an supply to buy, or a advice to buy, any securities, nor shall there be any sale of any securities in any point out or jurisdiction in which these kinds of offer, solicitation, purchase or sale would be unlawful prior to registration or qualification below the securities regulations of any these jurisdiction. No featuring of securities will be produced apart from by implies of a prospectus conference the requirements of Section 10 of the Securities Act, or an exemption therefrom.

Forward-Looking Statements

Certain statements incorporated in this push launch that are not historic points but fairly are forward-looking statements. Forward-hunting statements normally are accompanied by text such as “believe that,” “may perhaps,” “will,” “estimate,” “continue on,” “anticipate,” “intend,” “be expecting,” “ought to,” “would,” “program,” “upcoming,” “outlook,” and comparable expressions that forecast or reveal potential functions or tendencies or that are not statements of historic matters, but the absence of these words does not necessarily mean that a statement is not ahead-on the lookout. These forward-looking statements consist of, but are not limited to, statements relating to estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on numerous assumptions, irrespective of whether or not determined in this push launch, and on the latest anticipations of BAC’s and Target’s respective administration and are not predictions of real functionality. These forward-looking statements are delivered for illustrative applications only and are not supposed to serve as, and have to not be relied on by any investor as, a ensure, an assurance, a prediction or a definitive assertion of point or chance. Real functions and instances are challenging or unachievable to forecast and will differ from assumptions. Many genuine functions and instances are outside of the regulate of BAC and the Focus on. Some vital things that could cause real effects to differ materially from those in any ahead-looking statements could consist of modifications in domestic and overseas organization, market place, economical, political and lawful ailments. These ahead-hunting statements are subject matter to a range of challenges and uncertainties, which includes, the incapacity of the get-togethers to productively or well timed consummate the Transaction, including the threat that any essential regulatory approvals are not received, are delayed or are issue to unanticipated circumstances that could adversely have an affect on the combined entity or the envisioned added benefits of the Transaction, if not received the failure to realize the predicted advantages of the Transaction matters uncovered by the events as they entire their respective thanks diligence investigation of the other functions the ability of BAC prior to the Transaction, and the put together entity pursuing the Transaction, to retain the listing of the Company’s shares on Nasdaq prices relevant to the Transaction upcoming monetary overall performance of the Company following the Transaction the capacity of the Firm to forecast and preserve an adequate level of profits development and properly prepare its fees anticipations relating to potential expenses of the Enterprise pursuing the Transaction the long term mix of profits and influence on gross margins of the Organization next the Transaction the Company’s ability to execute its enterprise designs and tactic the failure to satisfy the ailments to the consummation of the Transaction, including the acceptance of the definitive merger agreement by the shareholders of BAC, the fulfillment of the bare minimum income requirements of the definitive merger settlement following any redemptions by BAC’s community shareholders the chance that the Transaction may well not be accomplished by the stated deadline and the potential failure to attain an extension of the stated deadline the lack of ability to comprehensive a PIPE transaction the consequence of any legal proceedings that may possibly be instituted versus BAC or the Target connected to the Transaction the attraction and retention of competent administrators, officers, employees and essential staff of BAC and the Goal prior to the Transaction, and the Business next the Transaction the means of the Corporation to compete effectively in a highly competitive sector neither BAC nor the Target are currently making revenues and there can be no assurance that subsequent the Transaction, the Firm will ever reach revenues or profitability the skill to safeguard and increase the Target’s respective corporate status and model the impression from upcoming regulatory, judicial, and legislative variations in the Target’s or the Company’s market the timing, costs, perform, and end result of scientific trials and potential preclinical experiments and medical trials, which includes the timing of the initiation and availability of data from these trials the timing and likelihood of regulatory filings and approvals for products candidates no matter if regulatory authorities ascertain that added trials or details are necessary in order to acquire approval the opportunity market sizing and the measurement of the affected individual populations for products candidates, if accepted for business use, and the marketplace possibilities for merchandise candidates the capability to track down and obtain complementary products and solutions or product candidates and combine all those into the Firm’s small business and, the unsure outcomes of the COVID-19 pandemic and all those aspects set forth in paperwork of BAC submitted, or to be filed, with SEC. The foregoing list of challenges is not exhaustive.

If any of these hazards materialize or our assumptions show incorrect, real outcomes could vary materially from the results implied by these ahead-searching statements. There may well be added risks that neither BAC nor the Goal presently know or that BAC and the Focus on at present think are immaterial that could also lead to actual benefits to differ from those people contained in the forward-wanting statements. In addition, ahead-looking statements replicate BAC’s and the Target’s latest anticipations, ideas and forecasts of future activities and views as of the day of this push launch. BAC and the Goal anticipate that subsequent gatherings and developments will result in BAC’s and the Target’s assessments to alter. On the other hand, even though BAC and the Concentrate on may well elect to update these forward-seeking statements at some stage in the upcoming, BAC and the Focus on precisely disclaim any obligation to do so. These ahead-on the lookout statements ought to not be relied upon as symbolizing BAC’s or the Target’s assessments as of any day subsequent to the day of this push release. Accordingly, undue reliance should not be positioned on the ahead-searching statements.