Appili Therapeutics Inc Class A (TSE:APLI) has released an update.
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Appili Therapeutics Inc. is set to hold a special shareholder meeting to vote on the acquisition of the company by Aditxt Inc., where shareholders will receive a combination of cash and Aditxt stock per Appili share. This arrangement, recommended by Appili’s board, offers a significant premium on Appili’s recent trading price and is expected to accelerate the development of Appili’s infectious disease programs through enhanced capital access and commercialization support.
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