On February 18, 2021, Medicus Sciences Acquisition Corp. (NasdaqCM:MSAC.U) closed the transaction. The company issued 5,022,222 warrants for gross proceeds of $ 4,519,999.8. The Maxim Group, LLC subscribed for 1,380,000 warrants and Medicus Sciences Holdings LLC subscribed for 3,642,222 warrants.