BRIEF-Allovir And Kalaris Therapeutics Announce Merger To Form Company Focused On Retinal Diseases-February 2024-www.financetom.com

BRIEF-Allovir And Kalaris Therapeutics Announce Merger To Form Company Focused On Retinal Diseases

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BRIEF-Allovir And Kalaris Therapeutics Announce Merger To Form Company Focused On Retinal Diseases

Nov 8, 2024 3:40 AM

Nov 8 (Reuters) - Allovir Inc ( ALVR ):

* ALLOVIR AND KALARIS THERAPEUTICS ANNOUNCE AGREEMENT FOR

TRANSFORMATIONAL MERGER TO CREATE COMPANY FOCUSED ON DISEASES OF

THE RETINA

* ALLOVIR INC ( ALVR ) - TO ACQUIRE 100% OF KALARIS EQUITY INTEREST

* ALLOVIR INC ( ALVR ) - STOCKHOLDERS TO OWN 25.05% OF COMBINED

COMPANY

POST-MERGER

* ALLOVIR INC ( ALVR ) - COMBINED COMPANY TO BE LED BY KALARIS CEO

ANDREW

OXTOBY

* ALLOVIR INC ( ALVR ) - COMBINED COMPANY TO OPERATE AS KALARIS

THERAPEUTICS, INC. AND TRADE AS KLRS

* ALLOVIR INC ( ALVR ) - TH103 PHASE 1 CLINICAL TRIAL DATA EXPECTED

IN Q3

2025

Source text:

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