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Chain Bridge I and Phytanix Bio Terminate Merger

Story Highlights
  • Chain Bridge I and Phytanix Bio terminated their business combination on April 7, 2025.
  • The termination affects the strategic direction and market positioning of both companies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chain Bridge I and Phytanix Bio Terminate Merger

Chain Bridge I ( (CBRRF) ) just unveiled an update.

On April 7, 2025, Chain Bridge I, a Cayman Islands exempted company, and Phytanix Bio, a Nevada corporation, mutually agreed to terminate their previously planned business combination. This termination, formalized through a Termination Agreement, signifies that the planned mergers involving CB Holdings, Inc. and its subsidiaries will not proceed, impacting the strategic direction and potential market positioning of both companies.

More about Chain Bridge I

YTD Price Performance: 2.70%

Average Trading Volume: 2,277

Technical Sentiment Signal: Strong Sell

Current Market Cap: $70.53M

For detailed information about CBRRF stock, go to TipRanks’ Stock Analysis page.

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