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Fulcrum Therapeutics and Slate Medicines sign merger agreement

Fulcrum Therapeutics logoFulcrum Therapeutics
Sig4.14Sen+6.02Env0.00Soc+1.64Gov+1.88

Fulcrum Therapeutics and Slate Medicines signed a definitive all-stock merger backed by a $245m private placement. The combined company, operating as Slate Medicines, will trade on Nasdaq under the SLTE ticker, with Fulcrum holders owning about 5% and Slate holders plus financing investors 95%. The plan funds migraine programs including SLTE-1009 and SLTE-2100, targeting completion in Q4 2026 after approvals.

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