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New Deal


Announced

AgeX Therapeutics to merge with Serina Therapeutics.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

biotechnology

Biotechnology

Acquisition

Merger

Majority

Private

Pending

Friendly

Single Bidder

Domestic

Synopsis

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AgeX Therapeutics, a biotechnology company, agreed to merge with Serina Therapeutics, a clinical-stage biotechnology company. Financial terms were not disclosed. “We are delighted to announce the proposed merger with Serina. The AgeX team thoroughly reviewed and evaluated numerous strategic alternatives for creating stockholder value, and we believe this transaction with Serina presented the most compelling option for our stockholders. We see exciting potential to generate novel drug candidates with the POZ Platform delivery technology,” Joanne M. Hackett, AgeX Chairperson and Interim CEO.

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