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Iris Acquisition Corp - IRAA STOCK NEWS

Welcome to our dedicated page for Iris Acquisition news (Ticker: IRAA), a resource for investors and traders seeking the latest updates and insights on Iris Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Iris Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Iris Acquisition's position in the market.

Rhea-AI Summary

The merger between Liminatus Pharma and Iris Acquisition Corp (IRAA) is set to create a combined entity valued at approximately $334 million. The deal includes $15 million in PIPE financing and $25 million in convertible notes, aimed at supporting the development of immune-modulating cancer therapies. Key products include the GCC Vaccine and CAR-T therapy, originating from Thomas Jefferson University and InnoBation Bio Ltd. The transaction is expected to close in the first half of 2023, pending regulatory approvals.

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End-of-Day
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FAQ

What is the current stock price of Iris Acquisition (IRAA)?

The current stock price of Iris Acquisition (IRAA) is $10.62 as of April 16, 2024.

What is the market cap of Iris Acquisition (IRAA)?

The market cap of Iris Acquisition (IRAA) is approximately 77.6M.

Iris Acquisition Corp

Nasdaq:IRAA

IRAA Rankings

IRAA Stock Data

77.60M
238.93k
96.01%
3.32%
0.01%
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