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-0.020556784660767 -0.0136430678466076 -0.020556784660767 0.000184365781710894 -0.292496312684366 -0.218773045722714 -0.121842735988201 0.0981286873156344
Stock impact report

Aptorum Group to Merge with YOOV Group, Split Off Legacy Assets [MarketWatch]

Aptorum Group Limited - Class A Ordinary Shares (APM) 
Company Research Source: MarketWatch
The clinical-stage biopharmaceutical company said Wednesday that the deal, if approved by shareholders of both companies, would see a wholly-owned subsidiary of Aptorum merge with YOOV, a privately-held AI and automation platform. Advertisement At closing, Aptorum shareholders would hold about 10% of the combined company and existing YOOV shareholders would own the rest. Aptorum has also entered into an agreement to assign and transfer the assets and liabilities of its legacy business to subsidiary Aptorum Therapeutics. The company's majority shareholder, Jurchen Investment, has agreed to acquire the subsidiary and surrender its shares of Aptorum. Write to Dean Seal at dean.seal@wsj.com Show less Read more
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