M&A
confidence high
sentiment positive
materiality 0.70
Immunome Inc. (IMNM): M&A transaction — Immunome acquires full ownership of ROR1 ADC assets from Zentalis for 1.8M shares plus $5M milestone
Immunome Inc.
- Issued 1,805,502 shares of common stock to Zentalis as partial consideration for the asset purchase.
- Obligated to pay $5M cash upon achievement of a developmental milestone; prior License Agreement terminated.
- Standstill restrictions on Zentalis for one year; lockup on selling >50% of shares for six months.
- Immunome to file resale registration statement within 30 days for shares issued to Zentalis.
- Asset purchase includes ROR1 antibody-drug conjugate platform and related intellectual property.