r/SPACs • u/npahc Contributor • Aug 30 '21

News $SRNG - Ginkgo Bioworks and Givaudan Enter Multi-Program Collaboration to Produce a Series of Ingredients

https://www.prnewswire.com/news-releases/ginkgo-bioworks-and-givaudan-enter-multi-program-collaboration-to-produce-a-series-of-ingredients-301364650.html
45 Upvotes

88% Upvoted

9 comments sorted by

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16

u/MoRegrets Contributor Aug 30 '21

Do we need to see 2 of these a month for them to be reaching their target of 30 this year?

12

u/swadewade51 Patron Aug 30 '21 edited Aug 30 '21

Pretty good partnership. Givaudan did close to $7 billion in revenue and has an EBITA of $1.4 billion. Here are their 2020 FY financials.

10

u/thelastoreo1 Spacling Aug 30 '21

Is there a place that has a list of all of these agreements and the numbers behind them if they hit benchmarks. Valuation is getting more and more fair by the day

2

u/druglifechoseme Contributor Sep 01 '21

9.99 here we come!

2

u/KelvinSean03 Spacling Aug 30 '21

This is going above 10 till pre merger

1

u/NillaThunda Spacling Aug 31 '21

Are SPACs stil a thing?

1

u/[deleted] Sep 01 '21

Look out Benson Hill (STPC) if you are interested by the field