Gracell Biotechnologies Inc. American Depositary Shares

SAN DIEGO and SUZHOU, China and SHANGHAI, China, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (“Gracell” or the “Company”, Nasdaq: GRCL), a global clinical-stage biopharmaceutical company developing innovative cell therapies for the treatment of cancer and autoimmune disease, today announced the completion of its previously announced agreement to be acquired by AstraZeneca, in accordance with the terms and conditions of the Agreement and Plan of Merger, dated as of December 23, 2023 (the “Merger Agreement”), by and among the Company, AstraZeneca Treasury Limited, a private limited company incorporated under the laws of England and Wales (“Parent”), and Grey Wolf Merger Sub (“Merger Sub”), an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of Parent. The acquisition was structured as a merger of Merger Sub with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent (the “Merger”). As a result of the Merger, the Company ceased to be a publicly traded company and became a wholly owned subsidiary of Parent.

Related tickers: GRCL.

中国江苏苏州、上海和美国加利福尼亚州圣迭戈, Feb. 22, 2024 (GLOBE NEWSWIRE) -- 亘喜生物科技集团（纳斯达克股票代码：GRCL；简称“亘喜生物” 或“公司”） 是一家面向全球、处于临床阶段的生物制药企业，致力于开发创新的细胞疗法以治疗癌症及自身免疫性疾病。今日，公司宣布正式完成了此前公告的与阿斯利康集团的合并协议。亘喜生物、AstraZeneca Treasury Limited（“母公司”）和Grey Wolf Merger Sub（“合并子公司”）依照其在2023年12月23日签订的相关协议和合并计划（“《合并协议》”）中的条款和条件完成了此次合并。AstraZeneca Treasury Limited 是一家根据英格兰和威尔士法律成立的私人有限公司。合并子公司是一家根据开曼群岛法律注册成立的豁免有限责任公司，也是母公司的全资子公司。此次合并中，合并子公司与亘喜生物进行合并, 亘喜生物作为存续公司成为母公司的全资子公司 (“合并”)。合并完成后，亘喜生物不再是一家上市公司，而成为母公司的全资子公司。

Related tickers: GRCL.