Workflow
Why Is Aptorum (APM) Stock Up 346% Today?
APMAptorum Group(APM) InvestorPlace·2024-03-06 16:28

Aptorum (NASDAQ:APM) stock is rocketing higher on Wednesday after the biopharmaceutical company announced a merger agreement with YOOV Group.This will be a reverse merger that will see YOOV shareholders hold 90% of the combined company after the deal is complete. The remaining 10% will belong to current APM stockholders.To go along with this merger, Aptorum majority investor Jurchen Investment and wholly-owned subsidiary Aptorum Therapeutics Limited will take part in a split. That will see this legacy busin ...