SCPE - SC Health enters into non-binding LOI to acquire next generation tech developer

SC Health ([[SCPE]] +3.3%) entered into a non-binding letter of intent with a next generation technology developer (the target), led by a world class management team with significant experience in leading innovative, high-growth companies in the sector for an initial business combination.The acquisition is expected to provide the Target with capital to support its product launch and commercialization strategy as well as provide investors with the opportunity to participate in a next generation healthtech play.No assurance can be made that the deal will be consummated and is subject to completion of due diligence and satisfaction of the other conditions.

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SC Health enters into non-binding LOI to acquire next generation tech developer