BRIEF-Glycomimetics Enters Into Acquisition Agreement With Crescent Biopharma-March 2024-www.financetom.com

BRIEF-Glycomimetics Enters Into Acquisition Agreement With Crescent Biopharma

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BRIEF-Glycomimetics Enters Into Acquisition Agreement With Crescent Biopharma

Nov 3, 2024 1:36 PM

Oct 29 (Reuters) - GlycoMimetics Inc ( GLYC ):

* GLYCOMIMETICS ENTERS INTO ACQUISITION AGREEMENT WITH

CRESCENT

BIOPHARMA

* GLYCOMIMETICS INC ( GLYC ) - CONCURRENT FINANCING OF $200 MILLION

ANTICIPATED

* GLYCOMIMETICS INC ( GLYC ) - STOCKHOLDERS TO OWN APPROXIMATELY 3.1%

COMBINED COMPANY

* GLYCOMIMETICS INC ( GLYC ) - CRESCENT STOCKHOLDERS TO OWN

APPROXIMATELY

96.9% OF COMBINED COMPANY

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