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BTIG Thinks Mereo Biopharma Group Plc s Stock is Going to Recover

BTIG Thinks Mereo Biopharma Group Plc s Stock is Going to Recover
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Investegate |Mereo BioPharma Grp Announcements | Mereo BioPharma Grp: AIM Delisting

  Mereo BioPharma Provides Update on AIM Delisting and Continued Listing of its ADSs on Nasdaq, and Provides Update on agreements with Silicon Valley Bank and Kreos Capital   London and Redwood City, Calif., December 15, 2020 - Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH) ( Mereo or the Company ), a clinical stage biopharmaceutical company focused on oncology and rare diseases, today provided a further update with respect to the cancellation of admission of its Ordinary Shares to trading on AIM and the continued listing of its ADSs on Nasdaq, as originally announced on November 11, 2020.   As previously announced, the last day of trading of the Company s Ordinary Shares on AIM will be December 17, 2020 and the proposed AIM Delisting will be effective from 7.00 am London time on December 18, 2020. Mereo will retain the listing of its ADSs on the Nasdaq Global Market under ticker symbol MREO. Following the AIM Delisting,

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