M&A
confidence high
sentiment positive
materiality 0.70
Alumis and ACELYRIN reaffirm all-stock merger; pro forma cash ~$737M
ALUMIS INC.
- Alumis and ACELYRIN reaffirm commitment to merge in an all-stock transaction expected to close Q2 2025.
- Pro forma cash of ~$737M as of Dec 31, 2024 provides runway into 2027.
- Alumis had ~$289M cash, ACELYRIN ~$448M (preliminary, each as of Dec 31, 2024).
- Combined portfolio includes ESK-001 (psoriasis, lupus), lonigutamab (thyroid eye disease), A-005 (multiple sclerosis).
- Transaction subject to stockholder approvals and customary closing conditions.