Welcome to our dedicated page for ALPA news (Ticker: ALPA), a resource for investors and traders seeking the latest updates and insights on ALPA stock.
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Alpha Healthcare Acquisition Corp. III (NASDAQ: ALPA) has entered a definitive business combination agreement with Carmell Therapeutics Corporation, a Phase 2-stage biotech firm specializing in allogeneic plasma-based biomaterials for tissue healing. Post-transaction, ALPA will be renamed as Carmell and is expected to have a market cap of approximately $328 million. With 15 million shares exchanged, existing Carmell shareholders will own about 46% of the Combined Company. The deal aims to leverage Carmell's innovative technology to improve patient outcomes and reduce costs.