Picard Medical and its Subsidiary, SynCardia Systems, a Pioneer in Total Artificial Heart Technology, to Become a Publicly Traded Company via Merger with Altitude Acquisition Corp.

 

April 24, 2023

Hunniwell Lake Ventures is pleased to announce that one of its portfolio companies, Picard Medical, Inc. (“Picard”) has entered into a reverse merger agreement with Altitude Acquisitions Corp. (NASDAQ: ALTU) that will see the merged company retaining its listing as Picard Medical Holdings, Inc. Picard is the parent of SynCardia Systems, LLC, the world leader of an FDA-approved Total Artificial Heart (“TAH”) technology that replaces the full functions of a human heart in cases of biventricular failure. ”

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