Magdalene Cook to Led the Combined Company After Completion of Business Combination of Renovacor, Inc. and Chardan Healthcare Acquisition 2 Corp

Renovacor, Inc. and Chardan Healthcare Acquisition 2 Corp. announced they have entered into a definitive business combination agreement. Upon closing of the transaction, CHAQ will be renamed Renovacor, Inc. The Combined Company will be led by President and Chief Executive Officer Magdalene Cook, M.D. The boards of directors of both Renovacor and CHAQ have unanimously approved the proposed transaction.

Completion of the transaction, which is expected in the second quarter of 2021, is subject to approval of CHAQ's stockholders and the satisfaction or waiver of certain other customary closing conditions.