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Pyxis Oncology To Acquire Apexigen

PUBLIC · PYXSMay 24, 2023

Acquiring Company

Pyxis Oncology, Inc.

Acquired Company

Apexigen

BostonSan CarlosBiotechnologyHealthcareBiotechnologyHealth CareTherapeutics

Description

Pyxis Oncology, Inc. (“Pyxis Oncology”) (Nasdaq: PYXS), a clinical-stage company focused on developing next-generation therapeutics to target difficult-to-treat cancers, and Apexigen, Inc. (Nasdaq: APGN), a clinical-stage biopharmaceutical company focused on discovering and developing innovative antibody therapeutics for oncology, today announced a definitive agreement by which Pyxis Oncology will acquire Apexigen in an all-stock transaction for an implied value of $0.64 per Apexigen share. For each share of Apexigen, Pyxis Oncology will issue 0.1725 shares of its common stock, par value $0.001 per share, for a total enterprise value of approximately $16 million.

Quick answer

Pyxis Oncology, Inc. is acquiring Apexigen, announced May 24, 2023. Pyxis Oncology, Inc. is based in Boston, Massachusetts, United States.

How much did Pyxis Oncology, Inc. pay for Apexigen?
The deal value was not disclosed.
What does Pyxis Oncology, Inc. do?
Pyxis Oncology is transforming the lives of patients with cancer by advancing our differentiated portfolio of biologics that specifically target tumor cells and overcome immune suppression.
Where are Pyxis Oncology, Inc. and Apexigen based?
Pyxis Oncology, Inc. is based in Boston, Massachusetts, United States. Apexigen is based in San Carlos, California, United States.
Who are the decision-makers at Pyxis Oncology, Inc?
Fundz holds 1 contact at Pyxis Oncology, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Pyxis Oncology, Inc.

Location

321 Harrison Avenue

Boston, Massachusetts, United States

About

Pyxis Oncology is transforming the lives of patients with cancer by advancing our differentiated portfolio of biologics that specifically target tumor cells and overcome immune suppression. We believe that antibody-drug conjugates (ADCs) and immunotherapies have the potential to address difficult-to-treat cancers and improve patient outcomes.

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Frequently asked

Who acquired Apexigen?

Apexigen was acquired by Pyxis Oncology, Inc., based in Boston. The deal was reported on May 24, 2023. Pyxis Oncology is transforming the lives of patients with cancer by advancing our differentiated portfolio of biologics that specifically target tumor cells and overcome immune suppression. Pyxis Oncology, Inc. is publicly traded (PYXS) and operates in Biotechnology.

When did Pyxis Oncology, Inc. acquire Apexigen?

Pyxis Oncology, Inc.'s acquisition of Apexigen was reported on May 24, 2023. Pyxis Oncology, Inc. (“Pyxis Oncology”) (Nasdaq: PYXS), a clinical-stage company focused on developing next-generation therapeutics to target difficult-to-treat cancers, and Apexigen, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Apexigen do?

This platform has enabled Apexigen and its collaboration partners to discover and develop therapeutic antibodies against a variety of molecular targets, including targets that are difficult to drug with conventional antibody technologies. It is privately held, operating in Biotechnology, and is based in San Carlos.

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