M&A
confidence high
sentiment positive
materiality 0.80
AlloVir shareholders approve merger with Kalaris; combined co to trade as KLRS
Kalaris Therapeutics, Inc.
- Stockholders voted to approve merger: 3,543,715 for, 368,843 against, 282 abstain out of 3,912,840 votes cast.
- 2020 Plan amended: share reserve increased by 5% of post-merger outstanding; plan term extended to 10th anniversary of closing.
- Combined company to be renamed Kalaris Therapeutics, trading on Nasdaq under ticker KLRS after closing.
- Kalaris lead candidate TH103 (anti-VEGF fusion protein) in Phase 1 trial for neovascular AMD; plans for DME and RVO.