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BNTX - Neon Therapeutics up 32% on planned tie-up with BioNTech
BioNTech SE
Nano cap Neon Therapeutics (NASDAQ:NTGN) jumps 32% premarket on increased volume in reaction to its all-stock merger agreement with BioNTech (NASDAQ:BNTX). At closing, NTGN shareholders will receive 0.063 of a BNTX ADS, each whole ADS representing one BNTX ordinary share, for each NTGN common share owned.
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