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Signal Genetics (SGNL) to Merge with Miragen Therapeutics

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miRagen Therapeutics and Signal Genetics Sign Merger Agreement

October 31, 2016 8:02 PM EDT

-Merger to create clinical-stage, NASDAQ-listed, biopharmaceutical company developing proprietary micro RNA-targeted therapeutics-

-Concurrent financing of $40 million from Miragen investor syndicate-

-Combined company expected to be capitalized with greater than $50 million in cash intended to advance miRagens clinical-stage portfolio-

BOULDER, Colo. & CARLSBAD, Calif.--(BUSINESS WIRE)-- Signal Genetics, Inc. (Nasdaq: SGNL) (Signal) and Miragen Therapeutics, Inc. (miRagen), a privately-held biopharmaceutical company, today announced that they have entered into a definitive merger agreement under which the stockholders of miRagen are currently estimated to become... More