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Aditxt, Inc. (NASDAQ: ADTX) is an innovative life sciences company specializing in the development and commercialization of immune monitoring and modulation technologies. The company's mission is to advance humanity into the 'age of immunity' by decoding and harnessing the immune system for better health outcomes.
Aditxt's portfolio includes two flagship programs: Adimune™ and AditxtScore™. Adimune™ is focused on creating immunotherapies that promote tolerance to transplanted organs, while AditxtScore™ offers advanced immune monitoring solutions. The company's products and technologies aim to address critical medical needs, such as preventing organ transplant rejection, managing autoimmune diseases, and providing personalized diagnostic insights.
Recently, Aditxt has expanded its reach by acquiring strategic assets and forming new partnerships. Notably, its subsidiary Pearsanta, Inc. acquired MDNA Life Sciences’ proprietary early disease and cancer detection platform, including Mitomic™ technology. This acquisition enhances Aditxt's capabilities in precision diagnostics and early disease detection, with applications spanning various cancers and other serious health conditions.
Financially, Aditxt has shown robust growth through strategic acquisitions and innovative product development. The company’s commitment to enhancing patient outcomes through cutting-edge technologies is evident in its expanding product line and growing market presence.
For more information, visit the official website at aditxt.com.
Aditxt, a biotech company, has announced a non-binding letter of intent to acquire a firm specializing in Point-of-Care diagnostics. This acquisition aims to enhance AditxtScore’s portfolio with at-home COVID-19 rapid antigen test kits and other diagnostics. Key benefits include access to global manufacturing capabilities, a seasoned management team, and various growth opportunities in early disease detection. However, the acquisition's completion hinges on satisfactory due diligence and negotiations, with an exclusivity period until January 31, 2022. Aditxt has also provided a secured loan to the target company.
Aditxt, Inc. (Nasdaq: ADTX) has successfully closed its underwritten public offering of 16,575,000 units, comprising shares of common stock and warrants. The offering price was set at $1.05 per unit, yielding gross proceeds of $17,403,750 before deductions. Each warrant allows the purchase of one share at $1.15, expiring five years post-issuance. An over-allotment option permits the underwriter to buy an additional 2,486,250 shares or warrants. Dawson James Securities, Inc. managed the offering, with legal counsel provided by Sheppard Mullin and Schiff Hardin.
Aditxt, Inc. (NASDAQ: ADTX) has amended its agreement with AiPharma Global, extending the deadline for a definitive agreement from November 30, 2021, to December 16, 2021. The amendment also eliminates a $4 million termination fee and reduces AiPharma's borrowing capacity from $8.5 million to $8 million. A cash payment of $500,000 will be required at closing. CEO Amro Albanna expressed optimism about aligning opportunities with AiPharma for 2022, but noted that the agreement remains subject to due diligence and various approvals.
Aditxt, Inc. (NASDAQ: ADTX) has announced a public offering of 16,575,000 units, priced at $1.05 each, to raise approximately $17.4 million. The units consist of shares of common stock and warrants for additional shares at an exercise price of $1.15, expiring in five years. The underwriter, Dawson James Securities, has a 45-day option to purchase up to 2,486,250 additional units. This offering follows a previously filed shelf registration statement with the SEC. Closing is expected on December 3, 2021, pending customary conditions.
Aditxt, Inc. (NASDAQ: ADTX) has announced an underwritten public offering of common stock and warrants. Dawson James Securities, Inc. will serve as the sole book-running manager for this offering. The offering is made under an effective shelf registration statement filed with the SEC. A prospectus supplement will be filed with the SEC and available online. Aditxt focuses on technologies aimed at enhancing immune system health through monitoring and reprogramming.
Aditxt, Inc. (NASDAQ: ADTX) has introduced AditxtScore™ for assessing COVID-19 immune status, marking its deployment by the Johnson County Sheriff's Office, Kansas' largest law enforcement agency. This platform provides a personalized immune profile, quantifying individuals' immune responses to COVID-19 with precision. It helps guide vaccination decisions based on antibody levels. Company officials, including Co-founder Amro Albanna, highlight the significance of tailored immune monitoring for effective health management amidst the pandemic.
Aditxt, Inc. (NASDAQ: ADTX) announced a webinar scheduled for 2 PM ET today to discuss its recent announcements. CEO Amro Albanna will provide comprehensive information to both current and prospective investors. Participants can submit questions via email at aditxt@edisongroup.com. To join the webinar, attendees can click here or enter the link in their browser.
Aditxt, Inc. (NASDAQ: ADTX) announced that the Phase 3 PRESECO trial of Avigan®/Reeqonus™ for COVID-19 did not meet its primary endpoint of time to sustained clinical recovery. Ongoing data analysis is expected. Additionally, Aditxt is in the process of acquiring a subsidiary of AiPharma Global, which holds rights to the antiviral favipiravir. This acquisition aims to enhance Aditxt's portfolio in antiviral therapies to address infectious diseases. CEO Amro Albanna emphasized the importance of evaluating the trial outcomes in conjunction with AiPharma Global.
Aditxt, Inc. (NASDAQ: ADTX) has partnered with CLX Health to enhance the global rollout of AditxtScore™ for COVID-19. This collaboration aims to expand sample collection sites through the TrustAssure network, which offers access to over 5,000 locations in the U.S. and 15,000 worldwide across 81 countries. AditxtScore™ provides individuals with a comprehensive immune profile, critical for travelers managing their health risks. This partnership is viewed as a strategic move to increase brand recognition for AditxtScore™ and improve public health responses during the COVID-19 pandemic.
Aditxt, Inc. has successfully closed its underwritten public offering of 2,833,333 common stock shares, priced at $1.50 per share, yielding gross proceeds of $4.25 million. The net proceeds, approximately $3.91 million after discounts, will partially fund obligations under a prior agreement with AiPharma Global Holdings made on October 4, 2021. The offering is executed under a shelf registration declared effective by the SEC on July 13, 2021. Aditxt focuses on innovations to enhance immune health through monitoring and reprogramming technologies.
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