Titan Pharmaceuticals Enters Merger And Contribution And Share Exchange Agreement Regarding A Business Combination With KE Sdn. Bhd.
Portfolio Pulse from Benzinga Newsdesk
Titan Pharmaceuticals (NASDAQ:TTNP) has announced a merger agreement with KE Sdn. Bhd., involving a reverse merger with BSKE Ltd. The merger is subject to approval by Titan and KE shareholders and other conditions. If successful, Titan will become a wholly owned subsidiary of BSKE.
August 19, 2024 | 8:12 pm
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Titan Pharmaceuticals has entered into a merger agreement with KE Sdn. Bhd., which could result in Titan becoming a wholly owned subsidiary of BSKE Ltd. This reverse merger is contingent on shareholder approval and other conditions.
The merger agreement with KE Sdn. Bhd. is a significant corporate action for Titan Pharmaceuticals, potentially altering its corporate structure and ownership. The successful completion of this merger could positively impact TTNP's stock price due to the strategic benefits of the merger.
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