Rallybio postpones Avenzo merger closing; cash distribution deposit delayed

Rallybio Corp

Merger with Avenzo Therapeutics and Farmington Merger Sub, dated May 31, 2026, will not close as anticipated on November 6, 2026.
Unmet listing conditions for Rallybio shares post-closing prompted the postponement; parties continue seeking listing approvals.
Rallybio did not deposit cash distribution funds with Computershare on November 5, 2026, so payment and ex-dividend dates may be delayed.
No new closing date or distribution timetable was provided; company said it will give further updates as appropriate.

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