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Claim · 2024-08-08 · publication · Stated in source · Supported

Recursion and Exscientia announced on 8 August 2024 a definitive agreement to combine, under which Exscientia shareholders would receive 0.7729 shares of Recursion Class A common stock per Exscientia share, Recursion and Exscientia shareholders would own about 74% and 26% of the combined company, and closing was expected by early 2025.

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What it connects

Recursion and Exscientia Enter Definitive Agreement → states provision → definitive agreement to combine; 0.7729 Recursion shares per Exscientia share; ~74% / ~26% ownership

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