APM - Oncology And Infectious Diseases Focused Aptorum Stock Skyrockets 7X On Wednesday - Here's Why | Benzinga
Aptorum Group Limited (NASDAQ:APM) shares are trading higher after the company announced a merger agreement with privately held YOOV Group Holding Ltd.
Both companies’ boards have approved the Merger Agreement.
YOOV is a business artificial intelligence (AI) and automation platform to optimize various aspects of business operations.
Aptorum is focused on discovering, developing, and commercializing therapeutic assets, particularly for oncology (including orphan oncology indications) and infectious diseases.
Under the merger agreement, Aptorum’s subsidiary will merge into YOOV.
In addition, Aptorum, alongside its major shareholder Jurchen Investment ...