23andMe shares begin trading on Nasdaq after SPAC merger

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23andMe shares begin trading on Nasdaq after SPAC merger

Yahoo Finance2021-06-17

Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...

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Eelheis
·2021-06-18
?
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CaptainMiya
·2021-06-18
[Strong] [Strong]
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Munching
·2021-06-18
Up
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Mysteree
·2021-06-18
Oooo[Cool]
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Jameschia
·2021-06-18
Omg
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soybeans
·2021-06-18
Hahahaha
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Nanzheng
·2021-06-18
good stuff
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geksuan
·2021-06-17
[疑問] [疑問]
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cin23
·2021-06-17
Nice
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- ip:
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  2021-06-18
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Scam
·2021-06-17
Iron skem
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- Scam:
  GG
  2021-06-17
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M27
·2021-06-17
What a name
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- Yt64:
  Haha
  2021-06-17
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gengar23
·2021-06-17
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"纳斯达克OMX交易所","start_time":0,"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","article_id":"2144448277","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","pubTimestamp":1623938937,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NDAQ":"纳斯达克OMX交易所","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","ME":"23andMe, Inc.","QID":"纳指两倍做空ETF"},"translate_title":"23andMe的股票在SPAC合并后开始在纳斯达克交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9,"NQmain":0.9,"ME":0.9,"NDAQ":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SQQQ":0.9,"TQQQ":0.9,"MEUSW":0.6},"content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. 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The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168831660,"gmtCreate":1623970539950,"gmtModify":1703824807409,"author":{"id":"3583738006388208","authorId":"3583738006388208","authorIdStr":"3583738006388208","name":"CaptainMiya","avatar":"https://static.tigerbbs.com/48b66794427d9d57f06bb85d96e46757","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583738006388208"},"htmlText":"[Strong]&nbsp;[Strong]&nbsp;","listText":"[Strong]&nbsp;[Strong]&nbsp;","text":"[Strong] [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168831660","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168176364,"gmtCreate":1623969150758,"gmtModify":1703824766488,"author":{"id":"3585889470457472","authorId":"3585889470457472","authorIdStr":"3585889470457472","name":"Munching","avatar":"https://static.tigerbbs.com/7994afc48f9078fd5f5d157fbe40ab8d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3585889470457472"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168176364","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168956333,"gmtCreate":1623947695722,"gmtModify":1703824468544,"author":{"id":"3576482234121194","authorId":"3576482234121194","authorIdStr":"3576482234121194","name":"Mysteree","avatar":"https://static.tigerbbs.com/da9008d1d7345327374286376a026c5a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576482234121194"},"htmlText":"Oooo[Cool]&nbsp;","listText":"Oooo[Cool]&nbsp;","text":"Oooo[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168956333","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168913709,"gmtCreate":1623946493701,"gmtModify":1703824410246,"author":{"id":"3580912609173112","authorId":"3580912609173112","authorIdStr":"3580912609173112","name":"Jameschia","avatar":"https://static.tigerbbs.com/dfcf35e99750b7debac77e42f75e8b0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580912609173112"},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168913709","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168996505,"gmtCreate":1623946136007,"gmtModify":1703824384308,"author":{"id":"3579857427606142","authorId":"3579857427606142","authorIdStr":"3579857427606142","name":"soybeans","avatar":"https://static.tigerbbs.com/c052dba69876e2fe6510af8195f464f3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579857427606142"},"htmlText":"Hahahaha","listText":"Hahahaha","text":"Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168996505","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168990810,"gmtCreate":1623946058130,"gmtModify":1703824376480,"author":{"id":"3568448901098387","authorId":"3568448901098387","authorIdStr":"3568448901098387","name":"Nanzheng","avatar":"https://static.tigerbbs.com/1765393aa929f37923e609be5b1a0a65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568448901098387"},"htmlText":"good stuff","listText":"good stuff","text":"good stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168990810","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168030909,"gmtCreate":1623943099701,"gmtModify":1703824252285,"author":{"id":"3576530794209131","authorId":"3576530794209131","authorIdStr":"3576530794209131","name":"geksuan","avatar":"https://static.tigerbbs.com/2dbc23af10a4786ad6316ee740978817","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576530794209131"},"htmlText":"[疑問]&nbsp;[疑問]&nbsp;","listText":"[疑問]&nbsp;[疑問]&nbsp;","text":"[疑問] [疑問]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168030909","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":168002402,"gmtCreate":1623942643806,"gmtModify":1703824233679,"author":{"id":"3570601200840729","authorId":"3570601200840729","authorIdStr":"3570601200840729","name":"cin23","avatar":"https://static.tigerbbs.com/cd083164b4bd916ab79760574c310e0e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570601200840729"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168002402","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4844537,"gmtCreate":1623946196114,"gmtModify":1663229182439,"authorId":3567982092970615,"author":{"id":3567982092970615,"authorId":3567982092970615,"name":"ip","avatar":"https://static.tigerbbs.com/2fa559a3d0ff30d64cc5f137f97a16c4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168002402,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":161786097,"gmtCreate":1623940697719,"gmtModify":1703824147168,"author":{"id":"3583032727743539","authorId":"3583032727743539","authorIdStr":"3583032727743539","name":"Scam","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583032727743539"},"htmlText":"Iron skem","listText":"Iron skem","text":"Iron skem","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161786097","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4842211,"gmtCreate":1623940713866,"gmtModify":1663229169053,"authorId":3583032727743539,"author":{"id":3583032727743539,"authorId":3583032727743539,"name":"Scam","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":161786097,"type":1,"supId":0,"prevId":0,"content":"GG","text":"GG","html":"GG"}],"langContent":"EN"},{"id":161793096,"gmtCreate":1623939842715,"gmtModify":1703824100249,"author":{"id":"3574801751312652","authorId":"3574801751312652","authorIdStr":"3574801751312652","name":"M27","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574801751312652"},"htmlText":"What a name&nbsp;","listText":"What a name&nbsp;","text":"What a name","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161793096","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4841960,"gmtCreate":1623940077510,"gmtModify":1663229170450,"authorId":3584416898370318,"author":{"id":3584416898370318,"authorId":3584416898370318,"name":"Yt64","avatar":"https://static.tigerbbs.com/9824cc246c21cbb20e1583ad744abef8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":161793096,"type":1,"supId":0,"prevId":0,"content":"Haha","text":"Haha","html":"Haha"}],"langContent":"EN"},{"id":161704486,"gmtCreate":1623939726745,"gmtModify":1703824095965,"author":{"id":"3586770489765932","authorId":"3586770489765932","authorIdStr":"3586770489765932","name":"gengar23","avatar":"https://community-static.tradeup.com/news/ac8363fe6c96d510f3de5a3910eb88ec","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586770489765932"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161704486","repostId":2144448277,"repostType":4,"repost":{"id":"2144448277","pubTimestamp":1623938937,"share":"https://ttm.financial/m/news/2144448277?lang=&edition=fundamental","pubTime":"2021-06-17 22:08","market":"us","language":"en","title":"23andMe shares begin trading on Nasdaq after SPAC merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","media":"Yahoo Finance","summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","content":"<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became <a href=\"https://laohu8.com/S/AONE\">one</a> of the latest companies to go public via SPAC deal.</p>\n<p>The public debut comes after 23andMe and the special purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/VGAC.U\">VG Acquisition Corp.</a> announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of <a href=\"https://laohu8.com/S/VGAC\">VG Acquisition Corp</a>., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.</p>\n<p>Sunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.</p>\n<p>The company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.</p>\n<p>And like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.</p>\n<p>23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.</p>\n<p>The SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.</p>\n<p>However, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>23andMe shares begin trading on Nasdaq after SPAC merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc.","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QID":"纳指两倍做空ETF"},"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144448277","content_text":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":42,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}