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The latest announcement is out from Gritstone bio ( (GRTSQ) ).
Gritstone bio, Inc., a biotechnology company, has filed for Chapter 11 bankruptcy and conducted an auction of its assets. Hercules Capital, Inc., Future Solutions Investments LLC, and Seattle Project Corp. emerged as successful bidders for the company’s machinery, intellectual property, and other assets, respectively, totaling approximately $21.25 million in cash proceeds, pending court approval.
More about Gritstone bio
YTD Price Performance: -99.41%
Average Trading Volume: 18,650,820
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.48M
For detailed information about GRTSQ stock, go to TipRanks’ Stock Analysis page.
