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Aethlon Medical Shares Surge Over 470% On North Immunology Merger, $180M Financing

Source: Nasdaq

M&A & RestructuringPrivate Markets & VentureHealthcare & BiotechCompany Fundamentals

Aethlon Medical shares surged more than 470% after announcing a definitive all-stock merger with North Immunology and an oversubscribed $180 million private placement. The financing materially strengthens the combined company's capital position, while the transaction is a significant strategic event for Aethlon's biotechnology business.

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