Brief: Merus NV Entered Into Open Market Sale Agreement, On May 7, With Jefferies Llc To Sell Its Common Shares Of Up To $125 Million

Merus NV

23/05/2023 12:30

May 23 (Reuters) - Merus NV  MRUS.O :
    * MERUS NV - ON MAY 7, CO ENTERED INTO OPEN MARKET SALE
AGREEMENT
WITH JEFFERIES LLC TO SELL ITS COMMON SHARES OF UP TO $125
MILLION
    * MERUS NV - EXPECTS EXISTING CASH, CASH EQUIVALENTS,
MARKETABLE
SECURITIES TO BE SUFFICIENT TO FUND CURRENT OPERATING PLAN INTO
2026
    * MERUS NV - ON MAY 22, CO DELIVERED WRITTEN NOTICE TO
JEFFERIES,
EFFECTIVE AS OF SUCH DATE, TO TERMINATE SALES AGREEMENT

Source text for Eikon:  ID: 
Further company coverage:  MRUS.O 

 ((Reuters.Briefs@thomsonreuters.com;))