.
MergerLinks Header Logo

New Deal


Announced

Completed

Compass Therapeutics completed a reverse merger with Olivia Ventures in a $60m deal.

Financials

Edit Data
Transaction Value£48m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Acquisition

Majority

Merger

Public

Friendly

Completed

Disposal

Domestic

United States

biotechnology company

antibody therapeutics

Biotechnology

biotechnology

Private Equity

Synopsis

Edit

Compass Therapeutics, a clinical-stage biotechnology company targeting the human immune synapse with a new generation of monoclonal and multispecific antibody therapeutics, completed a reverse merger with Olivia Ventures in a $60m deal. “This transaction provides the resources necessary to advance our lead program, CTX-471, through clinical development, advance our second program, CTX-8371, to the clinic and continue to develop our pipeline of next-generation monoclonal and multispecific antibody therapeutics. CTX-471 is currently being evaluated in a Phase 1 clinical trial in patients with solid tumors that have progressed after at least three months on an approved PD-1 or PD-L1 inhibitor - an area of important unmet need,” Thomas Schuetz, Compass Therapeutics Co-Founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US