Xynomic Closed a Short Form Merger for “Going Private” Transaction


Source: globenewswire.com globenewswire.com

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Xynomic Closed a Short Form Merger for "Going Private" Transaction June 17, 2021 08:30 ET Xynomic Pharmaceuticals Holdings, Inc. BEIJING, CHINA NEW YORK, New York and SHANGHAI, June 17, 2021 (GLOBE NEWSWIRE) -- Xynomic Pharmaceuticals Holdings, Inc. (“Xynomic”, OTC: XYNO), a clinical stage US-China oncology drug development company, announced that it closed a short form merger with and into Xu-Nuo Pharma, Inc., a Delaware corporation and holder of approximately 98% of the outstanding common shares in Xynomic (“Parent”) pursuant to an agreement and plan of merger (the “Merger Agreement”) with Parent. Pursuant to the Merger Agreement and subject to the...