Genocea Biosciences (GNCA) Announces Restructuring, Plans to Explore Strategic Alternatives
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Genocea Initiates Restructuring and Announces Plan to Explore Strategic Alternatives
April 28, 2022 4:06 PM EDTCAMBRIDGE, Mass., April 28, 2022 (GLOBE NEWSWIRE) -- Genocea Biosciences, Inc. (Nasdaq: GNCA), a biopharmaceutical company developing next-generation neoantigen immunotherapies, today announced that it has initiated a process to explore a range of strategic alternatives to maximize shareholder value and has engaged professional advisors, including an investment bank to act as a strategic advisor for this process. Strategic alternatives that will be evaluated include the sale of all or part of the Company, merger or reverse merger.
As we pursue strategic alternatives, the Company has put into place a... More
