Reverse merger · Completed · TECX
Tectonic Therapeutic, Inc.
Reverse merger with AVROBIO, Inc.
Tectonic Therapeutic, Inc. merged into AVROBIO, Inc., a Nasdaq-listed gene therapy biotech with inactive legacy programs sold for CVRs, in a reverse merger that takes the private company public. The deal was announced on Jan 30, 2024 and closed on Jun 20, 2024. The combined company trades as Tectonic Therapeutic, Inc. (TECX) on Nasdaq.
Tectonic Therapeutic is a clinical-stage biotechnology company developing GPCR-targeted biologic therapies. Lead program TX45, a Fc-relaxin fusion, is in Phase 1a/1b trials for Group 2 pulmonary hypertension with HFpEF, and a second program targets hereditary hemorrhagic telangiectasia.
- Status
- Completed
- Private company
- Tectonic Therapeutic, Inc.
- Public company
- AVROBIO, Inc.
- Public company business before
- Nasdaq-listed gene therapy biotech with inactive legacy programs sold for CVRs
- Announced
- Jan 30, 2024
- Closed
- Jun 20, 2024
- Combined company
- Tectonic Therapeutic, Inc. (TECX)
- Exchange
- Nasdaq
- Sector
- Biotech & pharma
More on this deal for subscribers
- Ownership split between private and public holders
- Concurrent financing and investors
- Contingent value rights (CVR)
- Reverse stock split
- Analyst notes from the filings
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Filings
- Closing 8-K Jun 20, 2024
- Closing press release
- Announcement press release
- All filings on EDGAR CIK 1681087
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