TipRanks - 2025-01-09 13:28
NLS Pharmaceutics ( (NLSP) ) has issued an update. NLS Pharmaceutics and Kadimastem have announced the initial closing of a $500,000 fundraising effort, part of a larger $1 million initiative aimed at facilitating a proposed merger between the two companies. This merger seeks to create a Nasdaq-traded biotechnology company with advanced-stage product candidates, enhancing strategic positioning in the biotechnology sector and unlocking new opportunities for stakeholders. More about NLS Pharmaceut