Shares of Longevity Health Holdings Inc ( XAGE ) surged on Tuesday afternoon following the announcement of its definitive merger agreement with plasma collection leader True Health Inc.

What To Know: The all-stock transaction will see the combined entity continue trading on Nasdaq under the XAGE ticker. This strategic pivot follows Longevity Health’s mutual termination of a previously announced merger with 20/20 BioLabs. The new deal with True Health, which operates as THPlasma, aims to leverage plasma synergies to drive bioaesthetic innovation.

This merger builds on Longevity’s recent acquisitions of Carmell Therapeutics and Elevai Skincare, which have technologies that utilize plasma-derived growth factors and exosomes. THPlasma plays a role in addressing the U.S. shortfall of plasma-derived therapeutics.

CEO George Chi called the merger a “transformative step expected to supercharge our growth by unlocking access to public markets.”

XAGE Price Action: According to data from Benzinga Pro, Longevity Health ( XAGE ) shares closed Tuesday up 115.50% to $5.70. The stock has a 52-week high of $59.10 and a 52-week low of $2.20.

Read Also: Best Healthcare Stocks Right Now

How To Buy XAGE Stock

By now, you're likely curious about how to participate in the market for Longevity Health Holdings ( XAGE ) — be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Longevity Health Holdings ( XAGE ), which is trading at $5.50 this afternoon, $100 would buy you 18.18 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading; either way, it allows you to profit from the share price decline.

Image: Shutterstock