other material
confidence high
sentiment positive
materiality 0.60
MEI Pharma urges shareholders to vote FOR Infinity merger ahead of July 23 special meeting
Lite Strategy, Inc.
- MEI mailed letter to shareholders on July 17, 2023, pleading vote FOR the Infinity (INFI) merger at the July 23 special meeting.
- Combined company would hold three clinical-stage assets: Eganelisib, Voruciclib, ME-344 with data catalysts in 6-24 months.
- ISS and Glass Lewis both recommend FOR; ISS reiterated its support as recently as July 14, 2023.
- MEI claims the deal creates a well-capitalized pipeline and leverages the clinical expertise of both teams.