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Gritstone bio Completes Asset Sale Amid Bankruptcy

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Gritstone bio Completes Asset Sale Amid Bankruptcy

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Gritstone bio ( (GRTSQ) ) has shared an update.

Gritstone bio, Inc. has completed the sale of substantially all its assets for $21,250,000 in cash to Seattle Project Corp. following a Chapter 11 bankruptcy filing. The asset sale marks a significant step in the company’s restructuring process, reflecting its efforts to manage financial challenges and set a new course for its operations.

More about Gritstone bio

YTD Price Performance: 40.0%

Average Trading Volume: 18,347,889

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.65M

See more data about GRTSQ stock on TipRanks’ Stock Analysis page.

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