Vincerx Pharma Begins Wind-Down After Terminating Merger Plan With QumulusAI

MT Newswires Live

04/09

Vincerx Pharma (VINC) started shutdown measures after terminating its nonbinding letter of intent for a potential merger with Global Digital Holdings, operating as QumulusAI.

The board "authorized management to initiate wind-down activities and continue exploring monetization of assets and out-licensing opportunities," Vincerx said Tuesday in a statement.

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