Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: PureTech's Gelesis to merge with Capstar ahead of US float

19th Jul 2021 21:14

PureTech Health PLC - biotherapeutics company - Says its founded entity Gelesis Inc and Capstar Special Purpose Acquisition Corp have entered into a definitive business combination agreement. Upon completion of the transaction, the combined company is expected to be listed on the New York Stock Exchange. "Upon completion of the transaction, Gelesis will be PureTech's third publicly-traded founded entity," notes Eric Elenko, chief innovation officer at PureTech.

Current stock price: 324.00 pence

Year-to-date change: down 19%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

PureTech
FTSE 100 Latest
Value8,809.74
Change53.53