BUZZ-Talaris Therapeutics up on Tourmaline Bio deal, reverse stock split approval

Reuters
2023-10-18

** Shares of cell therapy company Talaris Therapeutics

up 8.2% at $3.1 premarket

** TALS on Tuesday after market close said its stockholders approved merger with biotech firm Tourmaline Bio; also announced a 1-for-10 reverse stock split of common stock

** TALS in June reported to merge with Tourmaline in an all-stock deal, creating a combined late-stage clinical biotech company listed on Nasdaq

** As per the terms, a wholly owned subsidiary of TALS will merge with Tourmaline

** The deal is expected to close on or around Oct. 19

** The combined co's common stock is expected to begin trading on Nasdaq on a split-adjusted basis on Friday, under the ticker symbol "TRML"

** As of last close, TALS stock up 176.5% so far this year

(Reporting by Pratik Jain in Bengaluru)

((Pratik.Jain@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10