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Aditxt to acquire Appili Therapeutics, Inc. with a closing target of September 30

TAKEN PRIVATEJul 25, 2024

Acquiring Company

Aditxt

Acquired Company

Appili Therapeutics Inc.

RichmondHalifaxBiotechnologyHealth CareBiotechnologyHealth CareScience And Engineering

Description

Aditxt, Inc. (“Aditxt”) has signed a second Amending Agreement with Appili Therapeutics Inc. (“Appili”), targeting the acquisition of all issued and outstanding Class A common shares of Appili through a court-approved plan of arrangement governed by the Canada Business Corporations Act. The transaction is conditional upon Aditxt raising at least US$20 million in financing before closing and subject to other customary conditions, including the receipt of all necessary court, regulatory, and stock exchange approvals.

Quick answer

Aditxt is acquiring Appili Therapeutics Inc., announced July 25, 2024. Aditxt is based in Richmond, Virginia, United States.

Who acquired Appili Therapeutics Inc?
Aditxt agreed to acquire Appili Therapeutics Inc. on July 25, 2024.
How much did Aditxt pay for Appili Therapeutics Inc?
The deal value was not disclosed.
What does Aditxt do?
Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming.
Where are Aditxt and Appili Therapeutics Inc. based?
Aditxt is based in Richmond, Virginia, United States. Appili Therapeutics Inc. is based in Halifax, England, United Kingdom.
Who are the decision-makers at Aditxt?
Fundz holds 1 contact at Aditxt. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aditxt

Location

737 N. FIFTH STREET

Richmond, Virginia, United States

About

Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. Aditxt’s immune monitoring technology is designed to provide a personalized comprehensive profile of the immune system. Aditxt’s immune reprogramming technology is currently at the pre-clinical stage and is designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies. For more information, please visit: www.aditxt.com

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Frequently asked

Who acquired Appili Therapeutics Inc.?

Appili Therapeutics Inc. was acquired by Aditxt, based in Richmond. The deal was reported on July 25, 2024. Aditxt is developing technologies specifically focused on improving the health of the immune system through immune monitoring and reprogramming. Aditxt is privately held and operates in Biotechnology.

When did Aditxt acquire Appili Therapeutics Inc.?

Aditxt's acquisition of Appili Therapeutics Inc. was reported on July 25, 2024. Aditxt, Inc. (“Aditxt”) has signed a second Amending Agreement with Appili Therapeutics Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Appili Therapeutics Inc. do?

Appili Therapeutics is an infectious disease biopharmaceutical company that is purposefully built, portfolio-driven, and people-focused to fulfill its mission of solving life-threatening infections. It is privately held, operating in Biotechnology, and is based in Halifax.

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