BUZZ-Marker Therapeutics slides after $16 mln private placement

Reuters

2024/12/19

BUZZ-Marker <a href="https://laohu8.com/S/LENZ">Therapeutics</a> slides after $16 mln private placement

** Shares of drug developer Marker Therapeutics MRKR.O fall 25.5% to $3 premarket

** MRKR announces $16.1 mln private placement

** Proceeds from this financing will support the clinical development of MT-601, a next-generation T cell-based therapy for relapsed lymphoma patients - MRKR

** Investors to pay a purchase price of $3.20/shr and warrants are exercisable for $4.03/shr

** As of last close, stock has fallen 26.7% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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