financetom
Business
financetom
/
Business
/
Aditxt Shares Up After Acquisition Target Appili Files Funding Plans
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aditxt Shares Up After Acquisition Target Appili Files Funding Plans
Mar 18, 2025 12:07 PM

02:46 PM EDT, 03/18/2025 (MT Newswires) -- Aditxt ( ADTX ) shares were up over 57% in recent Tuesday trading after its acquisition target, Appili Therapeutics, submitted four new federal funding proposals totaling $117.5 million.

The largest funding proposal seeks $46.3 million to develop a vaccine against invasive fungal infections from the National Institute of Allergy and Infectious Diseases, Appili said.

Aditxt ( ADTX ) subsidiary, Adivir, is in the process of acquiring Appili, with the transaction expected to close in Q1, the company said.

Trading volume stood at over 87 million shares against a daily average of about 376,000.

Price: 6.90, Change: +2.53, Percent Change: +57.89

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU charges Microsoft with abusive bundling of Teams with Office
EU charges Microsoft with abusive bundling of Teams with Office
Jun 25, 2024
BRUSSELS (Reuters) - EU antitrust regulators on Tuesday charged Microsoft ( MSFT ) of illegally bundling its chat and video app Teams with its Office product and say that recent moves by the U.S. tech giant to unbundle the package were insufficient and more needed to be done. Microsoft ( MSFT ) has breached EU antitrust rules by tying its...
Delaware law to allow big investors greater sway over US corporate boards
Delaware law to allow big investors greater sway over US corporate boards
Jun 25, 2024
* Bill allows contracts giving some shareholders more power * Critics warn of rushed legislation without understanding potential impact * Court rulings prompted bill to address stockholder agreements By Tom Hals WILMINGTON, Delaware, June 25 (Reuters) - Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of directors in favor...
Tesla recalls thousands of Cybertrucks over windshield wiper, exterior trim issues
Tesla recalls thousands of Cybertrucks over windshield wiper, exterior trim issues
Jun 25, 2024
June 25 (Reuters) - Tesla is recalling 11,688 Cybertruck electric pickup trucks as a failure of the windshield wiper could reduce visibility, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said. The EV maker also is recalling 11,383 units of the pickup truck as a trim in the trunk bed could have been improperly...
Commerzbank on Overnight News
Commerzbank on Overnight News
Jun 25, 2024
05:48 AM EDT, 06/25/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Tuesday highlighted: Markets: United States Treasuries (UST) gain in late New York and Asia as tech stocks soften. The euro (EUR) is supported above $1.07, Brent above $86/barrel. Fed: San Francisco Federal Reserve Bank President Mary Daly says inflation is not the only risk we face,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved