Biopharma Specialist Cormorant Plans New $125 Million Blank-Check Venture

As Cormorant makes plans for another Special Purpose Acquisition Company, here’s how the firm’s previous SPACs have fared.

Stephen Taub December 16, 2025

Cormorant Asset Management is raising money for a new blank-check company. The biopharma and life sciences firm known for its hedge fund has filed plans to raise $125 million for Helix Acquisition Corp. III, its third special purpose acquisition company. Like the previous SPACs, Helix

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