Virios Therapeutics (VIRI) Soars Over 33% on Merger Announcement

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12 hours ago

Virios Therapeutics (VIRI, Financial) experienced a pre-market surge of over 33%, with shares trading at $0.183. The company announced a definitive share exchange agreement for a merger with Wex Pharmaceuticals, a subsidiary of Conyer Life Science International. This merger will be executed entirely through a stock exchange.

Post-merger, Virios Therapeutics will rebrand as Dogwood Therapeutics.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.