$SNSS Definitive Merger Agreement CASE STUDY

139
Sunesis Pharmaceuticals and Viracta Therapeutics Announce Definitive Merger Agreement

Merger to create Nasdaq-listed company focused on developing Viracta’s precision oncology pipeline targeting virus-associated malignancies

Leading institutional investors committed a total of $105 million in private financings with Viracta

Combined company expected to have approximately $120 million cash balance following the close of the merger

intends to be listed on the Nasdaq Global Market under the ticker symbol “VIRX.”

Viracta plans to initiate a registration trial for the treatment of EBV-positive lymphoma in the first half of 2021, and also plans to initiate a Phase 1b/2 trial in EBV-positive solid tumors in 2021.

The transaction is expected to close in the first quarter of 2021.

finance.yahoo.com/news/sunesis-pharmaceuticals-viracta-therapeutics-announce-123000277.html

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.