Nuvation Bio falls after AnHeart Therapeutics acquisition news [Seeking Alpha]
Nuvation Bio Inc. Class A (NUVB)
Company Research
Source: Seeking Alpha
AnHeart Therapeutics is a clinical-stage biopharmaceutical company developing novel precision therapies for people with cancer. Nuvation Bio will issue ~43.6M class A shares, 851.2K series A non-voting convertible preferred stock and warrants collectively exercisable for 2.9M shares at an exercise price of $11.50 per share to AnHeart securityholders in exchange for all outstanding AnHeart shares, options and other securities. The two companies have entered into a definitive agreement for the acquisition. AnHeart stockholders will own ~33% of the combined company, while Nuvation Bio shareholders will own ~67% on a fully diluted basis. The boards of both the companies have approved the proposed acquisition. The acquisition is expected to close in Q2. AnHeart investor Min Cui and CEO Junyuan Jerry Wang are set to join the board of Nuvation Bio after the closing of the acquisition. Recommended For You More Trending News Recommended For You More Trending News About N
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News
- Nuvation Bio to Present Updated Data on Taletrectinib, a ROS1 inhibitor, at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Nuvation Bio to Present Updated Data on Taletrectinib, a ROS1 inhibitor, at the 2024 American Society of Clinical Oncology (ASCO) Annual MeetingBusiness Wire
- Nuvation Bio Completes Acquisition of AnHeart Therapeutics [Yahoo! Finance]Yahoo! Finance
- Nuvation Bio Completes Acquisition of AnHeart TherapeuticsBusiness Wire
- Nuvation Bio: Strong Buy Off The Acquisition Of A Late-Stage Lung Cancer Candidate [Seeking Alpha]Seeking Alpha
NUVB
Earnings
- 11/2/23 - Beat
NUVB
Sec Filings
- 4/26/24 - Form 10-K/A
- 4/18/24 - Form S-8
- 4/11/24 - Form 4
- NUVB's page on the SEC website