Category: Press Release

Ginkgo Bioworks to Become a Public Company and Expand its Leading Platform for Cell Programming

BOSTON and LOS ANGELES, May 11, 2021 /PRNewswire/ — Business combination with Soaring Eagle Acquisition Corp. (Nasdaq:SRNG) values Ginkgo Bioworks, Inc. at a $15 billion pre-money equity valuation and is expected to provide up to $2.5 billion of primary proceeds. Institutional investors have committed $775 million in an oversubscribed PIPE, with anchor investments from Baillie Gifford, Putnam Investments, and funds and accounts managed by Counterpoint […]