Benzinga | Feb 18, 2021 10:03AM EST

HighCape Capital Acquisition Corp Says Enter Into Business Combination Quantum-SI

On February 18, 2021, HighCape Capital Acquisition Corp. ("HighCape" or the "Company"), entered into a business combination agreement, by and among HighCape, Tenet Merger Sub, Inc., a wholly owned subsidiary of HighCape ("Merger Sub"), and Quantum-SI Incorporated ("Quantum-SI") (as it may be amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement"). The business combination was unanimously approved by HighCape's board of directors on February 18, 2021. If the Business Combination Agreement is approved by HighCape's stockholders and the transactions contemplated by the Business Combination Agreement are consummated, Merger Sub will merge with and into Quantum-SI (the "Merger"), with Quantum-SI surviving the Merger as a wholly owned subsidiary of HighCape. In addition, upon the effectiveness of the Proposed Charter (as defined below), HighCape will be renamed Quantum-SI Incorporated and is referred to herein as "New Quantum-SI" following the consummation of the transactions described below (collectively, the "Business Combination").