M&A
confidence high
sentiment positive
materiality 0.75
Alumis and ACELYRIN amend merger terms; ACELYRIN stockholders get 48% ownership of combined company
ALUMIS INC.
- Exchange ratio revised to 0.4814 Alumis shares per ACELYRIN share, up from original terms; Alumis stockholders own ~52%, ACELYRIN ~48% fully diluted.
- Special Meeting of Stockholders for both companies scheduled for May 13, 2025; record date April 1, 2025.
- Pro forma cash position of combined company ~$737M as of Dec 31, 2024; runway expected into 2027 for key data readouts.
- Stockholders representing ~62% of Alumis and ~24% of ACELYRIN have entered into voting agreements supporting the transaction.
- Merger expected to close in Q2 2025, subject to stockholder approvals and customary conditions.