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Press releaseGlobeNewswire· April 14, 2026

Galera Therapeutics and Obsidian Therapeutics Announce Merger Agreement and $350 Million Concurrent Private Placement

View original at globenewswire.com
Galera Therapeutics and Obsidian Therapeutics Announce Merger Agreement and $350 Million Concurrent Private Placement Combined company to operate as Obsidian Therapeutics, Inc…
Opening lines of the source · GlobeNewswire · short snapshot — read the full document at the original

What we drew from this source

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  • Obsidian's pipeline and OBX-115 offer near-term, value creating milestones for Galera stockholders

    60% confidence

  • OBX-115 offers an opportunity to provide patients with an improved TIL product and patient experience

    60% confidence

  • Combined company's cash balance at closing is anticipated to fund operations into the second half of 2028

    60% confidence

  • Topline data from melanoma registration-enabling trial expected by year-end 2027

    60% confidence

  • Phase 1 data from the ongoing NSCLC trial expected in the first half of 2027

    60% confidence

  • The transaction with Obsidian is the best path forward for Galera

    60% confidence

  • The transaction and support from leading life sciences investors will allow Obsidian to advance development plans for OBX-115 in melanoma and NSCLC

    60% confidence

  • At Obsidian, they are striving to deliver a best-in-class TIL cell therapy developed using their proprietary protein-regulation technology

    60% confidence

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Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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