Priveterra Acquisition Corp. Announces Completion Of Business Combination With AEON Biopharma, Inc.
Portfolio Pulse from Happy Mohamed
Priveterra Acquisition Corp. (NASDAQ:PMGM) has completed its business combination with AEON Biopharma, Inc., a Phase 3 stage-ready biopharmaceutical company. The combined company will be named AEON Biopharma, Inc. and will commence trading on NYSE under the ticker symbols 'AEON' and 'AEON WS' on July 24, 2023. Priveterra's CEO, Robert Palmisano, will join AEON's board as a Director.
July 21, 2023 | 8:28 pm
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POSITIVE IMPACT
Priveterra's successful business combination with AEON Biopharma could potentially increase its stock value due to the promising prospects of AEON's Phase 3 stage-ready biopharmaceutical products.
The successful completion of the business combination with AEON Biopharma, a company with promising Phase 3 stage-ready biopharmaceutical products, could potentially increase Priveterra's stock value. The market often reacts positively to such strategic moves, especially when the acquired company has promising prospects.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100