regulatory
confidence high
sentiment neutral
materiality 0.50
Mustang Bio provides CFIUS update on facility sale to uBriGene; investigation due by May 13, 2024
MUSTANG BIO, INC.
- Transaction involves sale of Worcester cell processing facility and manufacturing assets to uBriGene.
- CFIUS review entered a second 45-day investigation period ending May 13, 2024.
- CFIUS clearance not a condition to closing but may affect timing.