RA Capital Management, Janus Henderson, Balyasny Back Reverse Merger of Biotech Company

Newly formed Ambros Therapeutics will go public by merging with a Nasdaq-listed penny stock.

Stephen Taub September 3, 2026

A slew of hedge funds has lined up to support the reverse merger of two biopharma companies, one of which is a penny stock.Werewolf Therapeutics, a publicly traded company listed on Nasdaq, and privately held Ambros Therapeutics recently agreed to merge in an all-stock

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