Gracell Biotechnologies Announces Shareholders’ Approval of Merger Agreement
Gracell Biotechnologies Inc. - American Depositary Shares (GRCL)
Company Research
Source: GlobeNewswire
SAN DIEGO and SUZHOU, China and SHANGHAI, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (“Gracell” or the “Company”, NASDAQ: GRCL), a global clinical-stage biopharmaceutical company dedicated to developing innovative and highly efficacious cell therapies for the treatment of cancer and autoimmune disease, today announced that at an extraordinary general meeting of shareholders (the “EGM”) held on February 19, 2024, the Company’s shareholders voted in favor of the proposal to approve and authorize the execution, delivery and performance by the Company of the previously announced Agreement and Plan of Merger, dated as of December 23, 2023 (the “Merger Agreement”), by and among the Company, AstraZeneca Treasury Limited, a private limited company incorporated under the laws of England and Wales (“Parent”), and Grey Wolf Merger Sub, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of Parent
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News
- Gracell Biotechnologies Inc. (NASDAQ: GRCL) had its "hold" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $10.25 price target on the stock, down previously from $11.00.MarketBeat
- Gracell Biotechnologies Acquisition CompletedGlobeNewswire
- Astra Sees Stronger Profit, Sales Growth on Cancer Drugs [BNN Bloomberg (Canada)]BNN Bloomberg
- Gracell Biotechnologies Announces FDA Clearance of IND Application for Phase 1 Clinical Trial of FasTCAR-T GC012F as Early-Line Treatment of Multiple Myeloma [Yahoo! Finance]Yahoo! Finance
- Gracell Biotechnologies Announces FDA Clearance of IND Application for Phase 1 Clinical Trial of FasTCAR-T GC012F as Early-Line Treatment of Multiple MyelomaGlobeNewswire
GRCL
Sec Filings
- 2/22/24 - Form 25-NSE
- 2/22/24 - Form 6-K
- 2/20/24 - Form 6-K
- GRCL's page on the SEC website