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Stock impact report

Immatics Announces Business Combination with Arya Sciences Acquisition Corp., Creating a Publicly Listed Leader in TCR-based Immunotherapies

ARYA Sciences Acquisition Corp III - Class A Ordinary Shares (ARYA) 
Company Research Source: Business Wire
Upon successful completion of the business combination, Immatics will receive up to approximately $148 million of cash held within Arya’s trust accountLeading institutional investors commit $104 million of cash through a common stock private investment in public equity (“PIPE”) led by Perceptive Advisors and other top-tier US healthcare investorsImmatics shareholders, Arya shareholders and PIPE investors will hold shares in the newly formed company with the name Immatics N.V. that is expected to be listed on NASDAQ under the ticker symbol “IMTX”Business combination completion is expected in the second quarter of 2020Joint investor conference call to discuss the proposed transaction today, Tuesday, March 17, 2020 at 10:30 am ET HOUSTON, Texas & TUEBINGEN, Germany--(BUSINESS WIRE)--Immatics Biotechnologies GmbH (“Immatics” or the “Company”), a clinical-stage biopharmaceutical company active in the discovery and development of T cell redirecting cancer immunotherapies, today announced Show less Read more
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