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Alis Biosciences has made a pitch to the hundreds of biotechs that are valued at less than the cash they have in the bank.
How Do You Spot a Reverse Merger? Reverse mergers, also known as reverse takeovers, are an alternative to more traditional forms of raising capital. A reverse merger is when a private company goes ...
Elevation Oncology has become the second biotech this week to face calls from an activist investor to wind down the company.
STAMFORD, Conn., April 14, 2025 (GLOBE NEWSWIRE) -- Cara Therapeutics, Inc. (Nasdaq: CARA) (the “Company”), today announced that its Board of Directors (the “Board”) has approved a 1-for-3 reverse ...
Shares of Eyenovia (NASDAQ:EYEN) traded lower on Thursday after the ophthalmic product developer announced a non-binding agreement to seek a reverse merger with Betaliq, Inc., a privately held ...
Eyenovia on Thursday said it has signed a non-binding letter of intent to combine with clinical-stage pharmaceutical company Betaliq in an all-stock reverse merger. Eyenovia said Betaliq investors ...
the expected number of shares of common stock to be issued and outstanding following the reverse stock split and the Merger, and other statements regarding management’s intentions, plans ...
The reverse stock split was approved by Cara ... 1.5 million (prior to giving effect to the closing of the Merger). The reverse stock split will not change the authorized number of shares ...