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Korro Bio, Inc entered into a definitive merger agreement to acquire Frequency Therapeutics, Inc from a group of shareholders in a reverse merger transaction

Korro Bio, Inc. entered into a definitive merger agreement to acquire Frequency Therapeutics, Inc. from a group of shareholders in a reverse merger transaction on July 14, 2023. The combined company.

Korro Bio and Frequency Therapeutics Announce Merger Agreement

Merger to create a Nasdaq-listed genetic medicines company focused on advancing Korro Bio’s wholly owned portfolio of RNA editing programs Lead program is a disease modifying therapy for patients with alpha-1 antitrypsin deficiency (AATD), with preclinical data showing an increase of normal A1AT protein to 85% of total protein in circulation  Combined company is expected to have cash balance of approximately $170 million at close, which is expected to provide cash runway through several value-creating milestones and into 2026 Companies to host conference call today at 8:30 a.m. ET

Frequency Therapeutics (FREQ) to Merge with Korro Bio

Frequency Therapeutics (FREQ) to Merge with Korro Bio
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Korro Bio and Frequency Therapeutics Announce Merger Agreement

Korro Bio and Frequency Therapeutics Announce Merger Agreement
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Ex-Citadel PM launches new hedge fund with $275m

Ex-Citadel PM launches new hedge fund with $275m
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