AI-Driven Drug Discovery Platform Nanyang Biologics Set for Nasdaq Debut via SPAC Merger
Nanyang Biologics (NYB), a Singapore-based artificial intelligence-driven drug discovery platform, is poised to make its entrance on the Nasdaq through a reverse merger with RF Acquisition Corp II (RFA), a special purpose acquisition company. The deal, announced on October 2, 2025, values NYB at $1.5 billion and is expected to close by the second quarter of 2026.