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Under the terms of the transaction, CervoMed (NASDAQ: CRVO) agreed to sell 2,500,000 shares at a purchase price of $4.00 per share, generating approximately $10.0 million in gross proceeds before fees and expenses. The company stated that it plans to use the net proceeds …
Chevron Corporation (NYSE:CVX) rose about 1.22% in pre-market trading on June 22, reaching USD 175.75 after closing at USD 173.63 on June 18.
The biggest story in biotechnology was undoubtedly AbbVie’s (NYSE: ABBV) agreement to acquire Apogee Therapeutics (NASDAQ: APGE) for approximately $10.9 billion in cash.
The transaction assigns Sarborg an implied valuation of approximately $638.3 million, a figure that has significantly altered perceptions of CDT Equity’s (NASDAQ: CDT) underlying asset value. Based on its ownership of 1,020 Sarborg shares, CDT’s stake is now estimated to be worth roughly $127.5 …
The standout result was the durability and magnitude of patient responses after one year of treatment. MoonLake Immunotherapeutics (NASDAQ: MLTX) reported that 67.2% of patients achieved HiSCR75, a key measure indicating a 75% reduction in inflammatory lesions. The outcome compares favorably with historical performance …
The transaction integrates Colospan’s proprietary CE-marked colorectal surgical device into Galmed Pharmaceuticals' (NASDAQ: GLMD) portfolio, providing the company with a commercial asset that has already secured reimbursement coding in Germany. Management believes the acquisition creates a pathway to initial revenue generation across European and …
Vivakor, Inc. (NASDAQ: VIVK) is trading at $0.47 pre-market June 22, down 4.91% from the June 18 close of $0.49. Vivakor is a Dallas, Texas-based integrated provider of energy transportation, storage, reuse, and remediation services, operating crude oil transportation and logistics, terminaling and storage, …
J-Star Holding Co., Ltd. (NASDAQ: YMAT) is trading at $0.57 pre-market June 22, down 8.02% from the June 18 close of $0.62. J-Star is a Taiwan-based holding company with over 50 years of expertise in the material composites industry, designing and manufacturing lightweight high-performance …
Hyperscale Data, Inc. (NYSE American: GPUS) is trading at $0.27 pre-market June 22, down sharply from the June 18 close of $0.36. Hyperscale Data is a Las Vegas, Nevada-based diversified holding company pivoting toward AI-focused data center operations and digital asset management, operating through …
Akanda Corp. (NASDAQ: AKAN) is trading at $15.88 pre-market June 22, down 12.75% from the June 18 close of $18.20. Akanda is an international medical cannabis and wellness platform company engaged in the cultivation, manufacture, and distribution of cannabis-based products through subsidiaries including CanMart, …
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