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Replies to post #555053 on ORIONS Money Stocks
WiseTrader
06/29/22 6:34 PM
#555055 RE: WiseTrader #555053
$ALNA So Company has canceled offering, maybe MERGER on the horizon! as per last 10q the Company initiated a process to explore a range of strategic and financing alternatives to maximize stockholder value and has engaged the investment bank Stifel, Nicolaus & Company, Inc. ("Stifel") to act as strategic advisor for this process. Potential strategic alternatives that may be evaluated include a partnership or sale of ALLN-346, a sale or merger of the Company, or securing additional financing to enable further development of the Company's ALLN-346 program