Market-Moving News for July 22nd
Portfolio Pulse from Benzinga Newsdesk
Market-Moving News for July 22nd includes Richtech Robotics completing the installation of ADAM at Ghost Kitchens in a Dawsonville, GA Walmart, MIRA Pharmaceuticals announcing promising preclinical study results for Ketamir-2, and Pharma Two B merging with Hepion Pharmaceuticals, which also announced a $2.9M private placement of non-convertible senior notes.
July 22, 2024 | 12:21 pm
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POSITIVE IMPACT
Pharma Two B is set to go public through a merger with Hepion Pharmaceuticals, which also announced a $2.9M private placement of non-convertible senior notes to institutional investors.
The merger and private placement could provide Hepion Pharmaceuticals with additional capital and growth opportunities, likely having a positive impact on its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 62
POSITIVE IMPACT
MIRA Pharmaceuticals announced new preclinical study results showing potential advantages of its novel oral ketamine analog, Ketamir-2, for neurological and neuropsychiatric disorders.
Positive preclinical results for Ketamir-2 could lead to increased investor interest and potential future revenue streams, likely boosting MIRA Pharmaceuticals' stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 84
POSITIVE IMPACT
Richtech Robotics has completed the installation of its ADAM system at Ghost Kitchens inside a Walmart in Dawsonville, GA.
The completion of the ADAM installation at a high-traffic location like Walmart could boost Richtech Robotics' visibility and sales, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100