Search This Blog

Monday, June 1, 2026

Rallybio to merge with Avenzo Therapeutics via reverse merger backed by $215M private placemen

 

Rallybio to merge with Avenzo Therapeutics via reverse merger backed by $215M private placement, combined company to be renamed Avenzo Therapeutics (AVZO)

  • Current Rallybio shareholders will receive a distribution of substantially all pre-closing net cash.
  • They will also receive contingent value rights on legacy assets and approximately 2.8% of the combined company.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.