BKHAGeneral
Vesicor Therapeutics Appoints Michael Tolentino, M.D., as Chief Executive Officer Blackhawk, Calif.
Vesicor Therapeutics has appointed Dr. Michael Tolentino, M.D., as its new Chief Executive Officer, effective March 17, 2026. Dr. Tolentino, an accomplished figure in the biotech industry, succeeds the company's founder Luo Feng, who will now serve as Chief Scientific Officer. The company is focusing on advancing its p53-based cancer therapeutics and is currently pursuing a proposed merger with Blackhawk Acquisition Corporation. Dr. Tolentino expressed his commitment to build upon the company’s technology and accelerate its development towards an IND submission in 2027.
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Black Hawk Acquisition Corporation Amends Its Definitive Proxy Statement
Black Hawk Acquisition Corporation has filed a supplement to its definitive proxy statement to amend the Trust Amendment Proposal. The amendment changes the deposit requirement for extensions related to initial business combinations from an amount based on outstanding shares to a fixed amount of $150,000 per month. This update aims to eliminate ambiguity regarding deposit amounts and reinforce the company's obligations. The press release indicates there are risks associated with forward-looking statements.
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Vesicor Therapeutics, Inc. and Black Hawk Acquisition Corporation Enter into a Business Combination Agreement to Create a Biotechnology Company Advancing p53-based Cancer Therapeutics Delivered Via Microvesicles Transact
Vesicor Therapeutics, Inc. has entered into a Business Combination Agreement with Black Hawk Acquisition Corporation to create a biotechnology company focused on p53-based cancer therapeutics. This transaction will pave the way for Vesicor to become a public company and to access capital for advancing its drug candidate, ecm-RV/p53, which is aimed at treating various forms of cancer. The deal, valued at $70 million, is expected to close by the fourth quarter of 2025, subject to regulatory and shareholder approvals. Vesicor plans to initiate preclinical testing and begin clinical trials in the near future.
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Black Hawk Acquisition Corporation Welcomes Mr. Jonathan Ginsberg to Board Danville, CA.
Black Hawk Acquisition Corporation has appointed Mr. Jonathan Ginsberg as a director and Chief Operating Officer. Ginsberg, age 33, brings valuable experience from international trade and education, previously serving as President of BEEC Inc. His appointment is seen as a strategic move to enhance the company’s leadership without any disclosed conflicts with current board members.
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BLACK HAWK ACQUISITION CORPORATION INDEX TO FINANCIAL STATEMENT Page Report of Independent Registered Public Accounting Firm (PCAOB ID: 206) F-2 Financial Statement (Audited): Balance Sheet as of
Black Hawk Acquisition Corporation has released its independent auditor's report and financial statements as of March 22, 2024. The audit indicates that the financial position presents fairly, however, there are significant concerns regarding the company's ability to operate as a going concern. The company is dependent on successfully completing a business combination within a certain timeframe, failing which it will have to liquidate. Financial highlights include total assets of approximately $70.3 million, with a shareholder deficit of about $1.8 million.
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Black Hawk Acquisition Corporation Announces Pricing of $69,000,000 Upsized Initial Public Offering Danville, CA.
Black Hawk Acquisition Corporation announced the pricing of its initial public offering at $69 million, consisting of 6,900,000 units priced at $10.00 each. The units are set to trade on the NASDAQ under the ticker symbol "BKHAU" beginning March 21, 2024. The IPO includes options for underwriters to purchase additional units, with the transaction expected to close by March 22, 2024, pending customary conditions. This offering marks a significant step for the company as it seeks to pursue business combinations.
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