On June 7, Oncorus Inc Board Unanimously Approved Dissolution And Liquidation Of Company Pursuant To A Plan Of Liquidation And Dissolution
Portfolio Pulse from Happy Mohamed
Oncorus Inc's board has unanimously approved the dissolution and liquidation of the company pursuant to a plan of liquidation and dissolution on June 7.
June 09, 2023 | 8:30 pm
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Oncorus Inc's stock is likely to be negatively impacted by the board's unanimous approval of the company's dissolution and liquidation.
The unanimous approval of Oncorus Inc's dissolution and liquidation by the board directly impacts the company's stock, as it indicates the end of the company's operations. This will likely lead to a decrease in the stock's value as investors sell their shares.
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