Appili Therapeutics Announces Submission of U.S. Federal Government Funding Proposals and Provides Corporate and Aditxt Transaction Update
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Appili Therapeutics has submitted four funding proposals totaling $117.5 million to the U.S. government. Additionally, modifications were made to a U.S. Air Force Academy Cooperative Agreement, and the deadline for a going-private transaction with Aditxt has been extended to March 31, 2025.
March 18, 2025 | 11:45 am
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Aditxt's going-private transaction with Appili Therapeutics has been extended to March 31, 2025, which may impact investor expectations and stock performance.
The extension of the going-private transaction deadline suggests ongoing negotiations or adjustments, which could lead to uncertainty among investors. However, without additional details on the transaction's progress, the immediate impact on stock price is neutral.
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