M&A
confidence high
sentiment neutral
materiality 0.50
Orgenesis Inc.: M&A transaction — Orgenesis acquires spinal cord injury IP assets from Neurocords for 1.2M shares
Orgenesis Inc.
- Acquired IP assets for advanced regenerative therapies for spinal cord injuries from Neurocords, LLC.
- Issued 1,200,000 shares of common stock as consideration; shares restricted for 6 months then free-trading.
- Transaction closed March 3, 2025; prior licensing agreements terminated and mutual releases executed.
- Orgenesis also gets a 3-month option to acquire Rice University option agreement at no additional cost.