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GRCL - Gracell Biotechnologies rises 37% on management intention to purchase shares
Gracell Biotechnologies Inc.
Gracell Biotechnologies (NASDAQ:GRCL) rises 37% after members of its senior management team informs the Company of their intention to use their personal funds to purchase the Company's American depositary shares on the open market for an aggregate amount up to a maximum of $2M within the next three months. The senior management includes of Chairman of Board and CEO Dr. William (Wei) Cao, CFO Dr. Yili Kevin Xie and Chief Medical Officer Dr. Martina A. Sersch.