NEW YORK – 23andMe said on Thursday that it has signed an agreement to merge with VG Acquisition Corp., a special-purpose acquisition company sponsored by Virgin Group, with the ultimate purpose of becoming publicly traded through Virgin Acquisition's position on the New York Stock Exchange.
Once the transaction is complete, which the partners are estimating will occur in the second quarter, VGAC will change its NYSE ticker symbol and the combined company's shares will trade under the ticker symbol ME.