BRIEF-Tourmaline Bio To Receive Termination Fee Of $68.5 Million If Merger Terminated - SEC Filing-February 2024-www.financetom.com

BRIEF-Tourmaline Bio To Receive Termination Fee Of $68.5 Million If Merger Terminated - SEC Filing

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BRIEF-Tourmaline Bio To Receive Termination Fee Of $68.5 Million If Merger Terminated - SEC Filing

Sep 9, 2025 3:35 AM

Sept 9 (Reuters) - Tourmaline Bio Inc ( TRML ):

* TOURMALINE BIO ( TRML ): NOVARTIS REQUIRED TO PAY TERMINATION FEE

$68.5 MILLION TO CO UNDER CERTAIN SPECIFIED CIRCUMSTANCES, IF

MERGER TERMINATED - SEC FILING

* TOURMALINE BIO ( TRML ): IF DEAL IS TERMINATED UNDER SOME

CIRCUMSTANCES,

CO TO PAY FEE OF $48 MILLION TO NOVARTIS AG

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