Reverse merger · Completed · TRML
Tourmaline Bio, Inc.
Reverse merger with Talaris Therapeutics, Inc.
Tourmaline Bio, Inc. merged into Talaris Therapeutics, Inc., a Nasdaq-listed clinical-stage biotech that paid a special cash dividend before the merger, in a reverse merger that takes the private company public. The deal was announced on Jun 22, 2023 and closed on Oct 19, 2023. The combined company trades as Tourmaline Bio, Inc. (TRML) on Nasdaq.
Tourmaline Bio, Inc. is a clinical-stage biotechnology company advancing TOUR006, an anti-IL-6 antibody, for thyroid eye disease, atherosclerotic cardiovascular disease and other diseases.
- Status
- Completed
- Private company
- Tourmaline Bio, Inc.
- Public company
- Talaris Therapeutics, Inc.
- Public company business before
- Nasdaq-listed clinical-stage biotech that paid a special cash dividend before the merger
- Announced
- Jun 22, 2023
- Closed
- Oct 19, 2023
- Combined company
- Tourmaline Bio, Inc. (TRML)
- Exchange
- Nasdaq
- Sector
- Biotech & pharma
More on this deal for subscribers
- Ownership split between private and public holders
- Concurrent financing and investors
- Reverse stock split
- Analyst notes from the filings
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Filings
- Closing 8-K Oct 20, 2023
- Closing exhibit
- Announcement 8-K Jun 22, 2023
- Announcement exhibit
- All filings on EDGAR CIK 1827506
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- Korro Bio, Inc.into Frequency Therapeutics, Inc. · Nov 3, 2023
- Beijing Continent Pharmaceuticals Co., Ltd. (via GNI Group)into Catalyst Biosciences, Inc. · Oct 30, 2023
- Notable Labs, Inc.into Vascular Biogenics Ltd. · Oct 16, 2023
- Dianthus Therapeutics, Inc. (OpCo)into Magenta Therapeutics, Inc. · Sep 11, 2023
- Hong Chang Global Investment Holdings Limited (Hongchang BVI)into Heyu Biological Technology Corporation · Sep 7, 2023