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AGBA Group shares are trading higher Thursday after the company announced it entered into a definitive merger agreement with Triller Corp. Agba said the transaction is expected to value the combined company at approximately $4 billion, and Triller will be a wholly-owned subsidiary of Agba upon completion of the merger.
Lithium Americas shares are down after the company announced the offering of 55,000,000 of its common shares at a price to the public of $5.00 per share for aggregate gross proceeds to the company of $275 million.
BofA Securities also noted limited job openings at Alphabet which suggests that costs are still being managed. Google recently announced a new round of job cuts that will affect the real estate and finance departments, according to reports.
Bio-Path Holdings shares are trading higher Thursday after the company announced the completion of its second dose cohort in Phase 1/1b clinical trial of BP1002 evaluating the ability of BP1002 to treat refractory/relapsed acute myeloid leukemia patients.