m_and_a
confidence high
sentiment neutral
materiality 1.00
Ionetix Corporation completes reverse merger with JDEV Acquisition Corp., raises $32.3 million
Ionetix Corp / DE /
- Closed merger with Ionetix Corporation on April 9, 2026; Ionetix became wholly-owned subsidiary and all outstanding Ionetix stock converted at ratio 0.5014.
- Changed name from JDEV Acquisition Corp. to Ionetix Corporation and redomiciled to Delaware.
- Raised approximately $32.3 million through private placement of 10,777,279 shares at $3.00 per share.
- Assumed Ionetix options for 6,935,626 shares and warrants for 8,152,333 shares, adjusted by conversion ratio.
- Issued 277,696 shares to Eli Lilly and Company pursuant to Termination Agreement.