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AlloVir, Inc.

9.81

0.0000

Volume:- -

Turnover:94.38K

Market Cap:49.21M

PE:-0.84

High:9.81

Open:9.81

Low:9.81

Close:9.81

52wk High:24.15

52wk Low:7.96

Shares:5.02M

Float Shares:1.73M

Volume Ratio:- -

T/O Rate:- -

Dividend:- -

Dividend Rate:- -

EPS(TTM):-11.7340

EPS(LYR):-11.7340

ROE:-45.37%

ROA:-22.33%

PB:0.43

PE(LYR):-0.84

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Overview Company News Filings

Press Release: Kalaris Announces Closing of Merger with AlloVir

AlloVir Shareholders Approve Merger With Kalaris Therapeutics

MT Newswires Live

AlloVir trading halted, news pending

BRIEF-Allovir's Reverse Stock Split Proposal Passes With 96.2 Mln Votes For

Allovir Inc - Reverse Stock Split Proposal Passes With 96.2 Mln Votes for, 12.1 Mln Against

THOMSON REUTERS

AlloVir CEO Departs, CFO Steps In

BRIEF-Allovir Inc - Diana Brainard Steps Down As CEO Of Allovir

AlloVir Appoints Vikas Sinha as New CEO

Allovir Inc - Diana Brainard Steps Down as CEO of Allovir

THOMSON REUTERS

Allovir Inc: Appointed Vikas Sinha as Company's Chief Executive Officer and "Principal Executive Officer

THOMSON REUTERS

Sector Update: Health Care Stocks Edge Higher Premarket Friday

MT Newswires Live

AlloVir and Kalaris Merge to Advance Retinal Therapies

Allovir Inc - Exchange Ratio Assumes Valuation for Allovir of $116.0 Mln and Valuation for Kalaris of $347.0 Mln

THOMSON REUTERS

Allovir - Upon Termination of Deal Under Specified Circumstances, Co May Be Required to Pay Kalaris Termination Fee of $3.5 Mln

THOMSON REUTERS

AlloVir Shares Slide Premarket on Reverse Merger With Kalaris Therapeutics

AlloVir Signs Merger with Kalaris Therapeutics

MT Newswires Live

BRIEF-Allovir And Kalaris Therapeutics Announce Merger To Form Company Focused On Retinal Diseases

Allovir and Kalaris Therapeutics Announce Agreement for Transformational Merger to Create Company Focused on Diseases of the Retina

THOMSON REUTERS

Allovir Inc - Stockholders to Own 25.05% of Combined Company Post-Merger

THOMSON REUTERS

Allovir Inc - Combined Company to Operate as Kalaris Therapeutics, Inc. and Trade as Klrs

THOMSON REUTERS

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Release: Kalaris Announces Closing of Merger with AlloVir","url":"https://stock-news.laohu8.com/highlight/detail?id=2520344009","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520344009?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:21","pubTimestamp":1742329260,"startTime":"0","endTime":"0","summary":"Kalaris is focused on developing TH103, a novel, differentiated anti-VEGF agent engineered to potentially provide longer-lasting and increased anti-VEGF activity to treat neovascular and exudative diseases of the retina. Currently enrolling nAMD patients in a Phase 1 trial, with initial data from Part 1 of the trial expected in the second half of 2025. Post-transaction cash of approximately $100 million expected to fund. Shares expected to trade on Nasdaq under \"KLRS\", effective March 19, 2025. Kalaris is currently developing TH103, a novel, differentiated anti-vascular endothelial growth factor  agent engineered to potentially provide longer-lasting and increased anti-VEGF activity to treat neovascular and exudative diseases of the retina. TH103 was specifically engineered to address the limitations of current neovascular Age-related Macular Degeneration  therapies and has demonstrated both potent anti-VEGF activity and sustained ocular residence time in preclinical studies. Kalaris e","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","KLRS","ALVR"],"gpt_icon":0},{"id":"2519007953","title":"AlloVir Shareholders Approve Merger With Kalaris Therapeutics","url":"https://stock-news.laohu8.com/highlight/detail?id=2519007953","media":"MT Newswires Live","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519007953?lang=en_us&edition=fundamental","pubTime":"2025-03-13 16:54","pubTimestamp":1741856054,"startTime":"0","endTime":"0","summary":"AlloVir  shareholders have approved the company's proposed merger with Kalaris Therapeutics at a special meeting held Wednesday, the companies said the same day.The merger is expected to close \"as soon as practicable\" and the combined company will be renamed as Kalaris Therapeutics, with \"KLRS\" as its updated trading symbol on Nasdaq.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LENZ","KLRS","ALVR","NQmain","BK4139"],"gpt_icon":0},{"id":"2503988466","title":"AlloVir trading halted, news pending","url":"https://stock-news.laohu8.com/highlight/detail?id=2503988466","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503988466?lang=en_us&edition=fundamental","pubTime":"2025-01-16 08:51","pubTimestamp":1736988679,"startTime":"0","endTime":"0","summary":"19:50 EST AlloVir (ALVR) trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving breaking financi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/allovir-trading-halted-news-pending?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/allovir-trading-halted-news-pending?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2502868742","title":"BRIEF-Allovir's Reverse Stock Split Proposal Passes With 96.2 Mln Votes For","url":"https://stock-news.laohu8.com/highlight/detail?id=2502868742","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502868742?lang=en_us&edition=fundamental","pubTime":"2025-01-10 21:04","pubTimestamp":1736514282,"startTime":"0","endTime":"0","summary":"BRIEF-Allovir's Reverse Stock Split Proposal Passes With 96.2 Mln Votes ForJan 10 (Reuters) - Allovir Inc ALVR.O:ALLOVIR INC - REVERSE STOCK SPLIT PROPOSAL PASSES WITH 96.2 MILLION VOTES FOR, 12.1 MIL","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250110:nFWN3O60ST:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALVR","BK4139"],"gpt_icon":0},{"id":"2502850268","title":"Allovir Inc - Reverse Stock Split Proposal Passes With 96.2 Mln Votes for, 12.1 Mln Against","url":"https://stock-news.laohu8.com/highlight/detail?id=2502850268","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502850268?lang=en_us&edition=fundamental","pubTime":"2025-01-10 20:44","pubTimestamp":1736513066,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250110:nFWN3O60ST:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2493408341","title":"AlloVir CEO Departs, CFO Steps In","url":"https://stock-news.laohu8.com/highlight/detail?id=2493408341","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493408341?lang=en_us&edition=fundamental","pubTime":"2024-12-21 06:40","pubTimestamp":1734734400,"startTime":"0","endTime":"0","summary":"AlloVir said its chief executive Diana Brainard is departing and the company has appointed its CFO to take her place.Brainard's departure became effective Thursday and she resigned as director of the cell therapy company, the company said on Friday. Her resignation did not result from any disagreement with the company related to its operations, policies or practices, AlloVir said.AlloVir said it plans to give Brainard a lump sum in cash worth 36 months of her base salary, which was $623,432 in 2023, according to a filing. She is also set to receive $100,000 for completing the proposed merger with Kalaris Therapeutics.To succeed Brainard, AlloVir appointed Vikas Sinha, who has been serving as chief financial officer since 2019. Sinha, 61, co-founded ElevateBio and was previously CFO of Alexion Pharmaceuticals.Sinha' earned a total compensation of $2.9 million as CFO in 2023. Brainard made a total of $6.1 million as CEO that year.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALVR"],"gpt_icon":0},{"id":"2493671472","title":"BRIEF-Allovir Inc - Diana Brainard Steps Down As CEO Of Allovir","url":"https://stock-news.laohu8.com/highlight/detail?id=2493671472","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493671472?lang=en_us&edition=fundamental","pubTime":"2024-12-21 05:50","pubTimestamp":1734731425,"startTime":"0","endTime":"0","summary":"BRIEF-Allovir Inc - Diana Brainard Steps Down As CEO Of AllovirAllovir Inc ALVR.O:ALLOVIR INC - DIANA BRAINARD STEPS DOWN AS CEO OF ALLOVIRALLOVIR INC:  APPOINTED VIKAS SINHA AS COMPANY'S CHIEF EXECUTIVE OFFICER AND \"PRINCIPAL EXECUTIVE OFFICERSource text: [ID:n0001193125-24-283140]Further company coverage: ALVR.O","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241220:nFWN3NL0OY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ALVR"],"gpt_icon":0},{"id":"2493477513","title":"AlloVir Appoints Vikas Sinha as New CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2493477513","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493477513?lang=en_us&edition=fundamental","pubTime":"2024-12-21 05:49","pubTimestamp":1734731342,"startTime":"0","endTime":"0","summary":"AlloVir ( ($ALVR) ) has issued an update. AlloVir, Inc. announced that Dr. Diana Brainard has stepped down as Chief Executive Officer and director,...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/allovir-appoints-vikas-sinha-as-new-ceo?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/allovir-appoints-vikas-sinha-as-new-ceo?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ALVR","BK4139"],"gpt_icon":0},{"id":"2493730471","title":"Allovir Inc - Diana Brainard Steps Down as CEO of Allovir","url":"https://stock-news.laohu8.com/highlight/detail?id=2493730471","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493730471?lang=en_us&edition=fundamental","pubTime":"2024-12-21 05:22","pubTimestamp":1734729738,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241220:nFWN3NL0OY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2493471737","title":"Allovir Inc:  Appointed Vikas Sinha as Company's Chief Executive Officer and \"Principal Executive Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2493471737","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493471737?lang=en_us&edition=fundamental","pubTime":"2024-12-21 05:22","pubTimestamp":1734729738,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241220:nFWN3NL0OY:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ALVR","BK4139"],"gpt_icon":0},{"id":"2481854106","title":"Sector Update: Health Care Stocks Edge Higher Premarket Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2481854106","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481854106?lang=en_us&edition=fundamental","pubTime":"2024-11-08 22:07","pubTimestamp":1731074865,"startTime":"0","endTime":"0","summary":"Health care stocks were edging higher premarket Friday, with the iShares Biotechnology ETF  up 0.2% and The Health Care Select Sector SPDR Fund  0.1% higher.AlloVir  shares were down more than 32% after the company said it agreed to merge with Kalaris Therapeutics in an all-stock deal.Dynavax Technologies  stock was over 2% higher after the company said it has authorized the repurchase of up to $200 million in stock.Baxter International  shares were down 0.8% after the company reported lower Q3 adjusted earnings and cut its 2024 guidance.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2098885051.SGD","LU0211328371.USD","LU0310799852.SGD","BK4082","DVAX","BK4588","LU1267930490.SGD","BK4139","LU0006061336.USD","ALVR","BK4585","BAX","LU1303367103.USD","IBB","XLV","BK4504","LU0211327993.USD","BK4581"],"gpt_icon":0},{"id":"2481030501","title":"AlloVir and Kalaris Merge to Advance Retinal Therapies","url":"https://stock-news.laohu8.com/highlight/detail?id=2481030501","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481030501?lang=en_us&edition=fundamental","pubTime":"2024-11-08 21:49","pubTimestamp":1731073767,"startTime":"0","endTime":"0","summary":"The latest update is out from AlloVir ( ($ALVR) ). AlloVir, Inc. has announced a merger with Kalaris Therapeutics to form a company focused on reti...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/allovir-and-kalaris-merge-to-advance-retinal-therapies?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/allovir-and-kalaris-merge-to-advance-retinal-therapies?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2481110388","title":"Allovir Inc -  Exchange Ratio Assumes Valuation for Allovir of $116.0 Mln and Valuation for Kalaris of $347.0 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2481110388","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481110388?lang=en_us&edition=fundamental","pubTime":"2024-11-08 21:40","pubTimestamp":1731073240,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241108:nFWN3MF1TA:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2481010385","title":"Allovir - Upon Termination of Deal Under Specified Circumstances, Co May Be Required to Pay Kalaris Termination Fee of $3.5 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2481010385","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481010385?lang=en_us&edition=fundamental","pubTime":"2024-11-08 21:40","pubTimestamp":1731073240,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241108:nFWN3MF1TA:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ALVR","BK4139"],"gpt_icon":0},{"id":"2481177918","title":"AlloVir Shares Slide Premarket on Reverse Merger With Kalaris Therapeutics","url":"https://stock-news.laohu8.com/highlight/detail?id=2481177918","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481177918?lang=en_us&edition=fundamental","pubTime":"2024-11-08 21:07","pubTimestamp":1731071220,"startTime":"0","endTime":"0","summary":"Shares of AlloVir tumbled in premarket trading Friday after the immunotherapy company said it has agreed to an all-stock reverse merger with clinical-stage biopharmaceutical company Kalaris Therapeutics.AlloVir said Kalaris investors will own about 75% of the combined company upon completion of the deal, slated for the first quarter of 2025, while its current shareholders would own about 25%.Shares of the Waltham, Mass., company, which closed Thursday at about 98 cents, were recently down 27% at 71.5 cents in premarket trading.AlloVir said the combined company, which will focus on diseases of the retina, will have about $100 million in cash at closing, and a runway to fund its operating expenses and capital-spending needs into the fourth quarter of 2026.A reverse merger allows a private company to go public by merging with a public one at a lower cost than is involved in traditional initial public offerings.AlloVir said the combined company will operate as Kalaris Therapeutics and trad","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","ALVR","LENZ"],"gpt_icon":0},{"id":"2481176448","title":"AlloVir Signs Merger with Kalaris Therapeutics","url":"https://stock-news.laohu8.com/highlight/detail?id=2481176448","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481176448?lang=en_us&edition=fundamental","pubTime":"2024-11-08 20:01","pubTimestamp":1731067279,"startTime":"0","endTime":"0","summary":"AlloVir  said Friday it signed a definitive agreement to merge with Kalaris Therapeutics  in an all-stock transaction.The combined company will take on the name of Kalaris Therapeutics and is expected to trade on Nasdaq under the ticker symbol \"KLRS,\" AlloVir said.It will have around $100 million in cash upon closing, AlloVir said, adding that the cash is expected to fund the combined company's operations through Q4 of 2026.AlloVir will acquire all of Kalaris' outstanding equity interest and said its shareholders will own around 25% of the combined company when the transaction closes, while shareholders of pre-merger Kalaris will own roughly 75%.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LENZ","ALVR","BK4139"],"gpt_icon":0},{"id":"2481279651","title":"BRIEF-Allovir And Kalaris Therapeutics Announce Merger To Form Company Focused On Retinal Diseases","url":"https://stock-news.laohu8.com/highlight/detail?id=2481279651","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481279651?lang=en_us&edition=fundamental","pubTime":"2024-11-08 19:06","pubTimestamp":1731063962,"startTime":"0","endTime":"0","summary":"Nov 8  - Allovir Inc   :   * ALLOVIR AND KALARIS THERAPEUTICS ANNOUNCE AGREEMENT FOR TRANSFORMATIONAL MERGER TO CREATE COMPANY FOCUSED ON DISEASES OF THE RETINA   * ALLOVIR INC - TO ACQUIRE 100% OF KALARIS EQUITY INTEREST   * ALLOVIR INC - STOCKHOLDERS TO OWN 25.05% OF COMBINED COMPANY POST-MERGER   * ALLOVIR INC - COMBINED COMPANY TO BE LED BY KALARIS CEO ANDREW OXTOBY   * ALLOVIR INC - COMBINED COMPANY TO OPERATE AS KALARIS THERAPEUTICS, INC. AND TRADE AS KLRS   * ALLOVIR INC - TH103 PHASE 1 CLINICAL TRIAL DATA EXPECTED IN Q3 2025Source text:    Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LENZ","BK4139","ALVR"],"gpt_icon":0},{"id":"2481777122","title":"Allovir and Kalaris Therapeutics Announce Agreement for Transformational Merger to Create Company Focused on Diseases of the Retina","url":"https://stock-news.laohu8.com/highlight/detail?id=2481777122","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481777122?lang=en_us&edition=fundamental","pubTime":"2024-11-08 19:00","pubTimestamp":1731063600,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241108:nTUA16HGJH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["ALVR","BK4139"],"gpt_icon":0},{"id":"2481712205","title":"Allovir Inc - Stockholders to Own 25.05% of Combined Company Post-Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2481712205","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481712205?lang=en_us&edition=fundamental","pubTime":"2024-11-08 19:00","pubTimestamp":1731063600,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241108:nTUA16HGJH:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ALVR"],"gpt_icon":0},{"id":"2481122708","title":"Allovir Inc - Combined Company to Operate as Kalaris Therapeutics, Inc. and Trade as Klrs","url":"https://stock-news.laohu8.com/highlight/detail?id=2481122708","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481122708?lang=en_us&edition=fundamental","pubTime":"2024-11-08 19:00","pubTimestamp":1731063600,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241108:nTUA16HGJH:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ALVR"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":1,"totalSize":27,"code":"91000000","status":"200"}]}}