Aditxt Inc. Terminates Arrangement Agreement with Appili Therapeutics, Eliminating $16M in Obligations

Reuters
19 May
Aditxt Inc. Terminates Arrangement Agreement with Appili <a href="https://laohu8.com/S/LENZ">Therapeutics</a>, Eliminating $16M in Obligations

Aditxt, Inc. has announced the termination of its Arrangement Agreement with Appili Therapeutics, Inc. This decision, deemed in the best interest of Aditxt and its stockholders, will eliminate approximately $16 million in closing obligations. Originally announced in April 2024, the agreement had been amended multiple times to address changing circumstances, but Aditxt has determined it is no longer strategically aligned to proceed. The termination will be effective May 31, 2025, as the company formally notifies Appili of the decision. Further details will be shared as necessary.

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