BRIEF-Palvella Therapeutics And Pieris Pharmaceuticals Announce Definitive Merger Agreement

Reuters

2024/07/24

July 24 (Reuters) - Pieris Pharmaceuticals Inc :

* PALVELLA THERAPEUTICS AND PIERIS PHARMACEUTICALS ANNOUNCE DEFINITIVE MERGER AGREEMENT

* PIERIS PHARMACEUTICALS INC - TO ISSUE SHARES OF PIERIS COMMON STOCK TO PRE-MERGER PALVELLA STOCKHOLDERS AS MERGER CONSIDERATION

* PIERIS PHARMACEUTICALS INC - PALVELLA TO BECOME WHOLLY-OWNED UNIT OF CO

* PIERIS PHARMACEUTICALS - PRE-MERGER PIERIS STOCKHOLDERS WILL OWN ABOUT 18% OF COMBINED COMPANY

* PIERIS PHARMACEUTICALS - PRE-MERGER PALVELLA STOCKHOLDERS WILL OWN APPROXIMATELY 82% OF COMBINED COMPANY ON A PRO FORMA BASIS

* PIERIS PHARMACEUTICALS- COMBINED COMPANY TO BE LED BY WES KAUPINEN & OTHER MEMBERS OF PALVELLA MANAGEMENT TEAM

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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OTHER MEMBERS OF PALVELLA MANAGEMENT TEAM</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LENZ","symbol_name":"Therapeutics","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2453207795","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453207795","pubTimestamp":1721818237,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"July 24  - Pieris Pharmaceuticals Inc   :   * PALVELLA THERAPEUTICS AND PIERIS PHARMACEUTICALS ANNOUNCE DEFINITIVE MERGER AGREEMENT   * PIERIS PHARMACEUTICALS INC - TO ISSUE SHARES OF PIERIS COMMON STOCK TO PRE-MERGER PALVELLA STOCKHOLDERS AS MERGER CONSIDERATION   * PIERIS PHARMACEUTICALS INC - PALVELLA TO BECOME WHOLLY-OWNED UNIT OF CO   * PIERIS PHARMACEUTICALS - PRE-MERGER PIERIS STOCKHOLDERS WILL OWN ABOUT 18% OF COMBINED COMPANY   * PIERIS PHARMACEUTICALS - PRE-MERGER PALVELLA STOCKHOLDERS WILL OWN APPROXIMATELY 82% OF COMBINED COMPANY ON A PRO FORMA BASIS   * PIERIS PHARMACEUTICALS- COMBINED COMPANY TO BE LED BY WES KAUPINEN & OTHER MEMBERS OF PALVELLA MANAGEMENT TEAMSource text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LENZ":"Therapeutics","BK4139":"生物科技"},"translate_title":"简介-Palvella Therapeutics和Pieris Pharmaceuticals宣布最终合并协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LENZ":1,"PIRS":1},"content_text":"July 24 (Reuters) - Pieris Pharmaceuticals Inc   :   * PALVELLA THERAPEUTICS AND PIERIS PHARMACEUTICALS ANNOUNCE DEFINITIVE MERGER AGREEMENT   * PIERIS PHARMACEUTICALS INC - TO ISSUE SHARES OF PIERIS COMMON STOCK TO PRE-MERGER PALVELLA STOCKHOLDERS AS MERGER CONSIDERATION   * PIERIS PHARMACEUTICALS INC - PALVELLA TO BECOME WHOLLY-OWNED UNIT OF CO   * PIERIS PHARMACEUTICALS - PRE-MERGER PIERIS STOCKHOLDERS WILL OWN ABOUT 18% OF COMBINED COMPANY   * PIERIS PHARMACEUTICALS - PRE-MERGER PALVELLA STOCKHOLDERS WILL OWN APPROXIMATELY 82% OF COMBINED COMPANY ON A PRO FORMA BASIS   * PIERIS PHARMACEUTICALS- COMBINED COMPANY TO BE LED BY WES KAUPINEN & OTHER MEMBERS OF PALVELLA MANAGEMENT TEAMSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}