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Macrocure (MCUR) Shares Ramp Upon Resumption of Trading

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Leap Therapeutics and Macrocure Announce Definitive Merger Agreement

August 29, 2016 8:52 AM EDT

CAMBRIDGE, Massachusetts and PETACH TIKVA, Israel, August 29, 2016 /PRNewswire/ --

Leap Therapeutics, Inc., a clinical stage immuno-oncology company, and Macrocure Ltd. (NASDAQ: MCUR) today announced the signing of a definitive merger agreement. Under the terms of the agreement, Macrocure will become a wholly owned subsidiary of Leap, and Leap will become a public company. In connection with the transaction, Leap will apply to have the shares of the combined entity listed for trading on NASDAQ upon completion of the merger.

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