NeuBase rises on plan to liquidate and distribute its assets

NeuBase Therapeutics

26/02/2024 10:02

** Shares of NeuBase Therapeutics  NBSE.O  rise ~22.2% to 87
cents premarket
    ** Co said late on Friday it has decided to dissolve,
liquidate and distribute to stockholders its available assets
    ** The board expects to approve a formal plan of dissolution
in the near future - NBSE
    ** Co said it has been evaluating strategic alternatives
that include an acquisition, merger, business combination,
dissolution or other transaction
    ** Up to last close, stock was down 85.5% in the last 12
months

    

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))