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TenX Keane Acquisition Unit - $TENKU STOCK NEWS

Welcome to our dedicated page for TenX Keane Acquisition Unit news (Ticker: $TENKU), a resource for investors and traders seeking the latest updates and insights on TenX Keane Acquisition Unit stock.

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Rhea-AI Summary
TenX Keane Acquisition (TENKU, TENK, TENKR) proposes to amend its Amended and Restated Memorandum and Articles of Association to extend the deadline for a business combination up to November 18, 2024, with sponsor contributions if the extension is approved.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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Rhea-AI Summary
Citius Pharmaceuticals, Inc. (Nasdaq: CTXR) completes Mino-Lok® Pivotal Phase 3 trial enrollment, with topline data expected in 2Q 2024. LYMPHIR™ BLA resubmission on track for early 2024. The company reports fiscal full year 2023 business and financial results, highlighting progress in pipeline development, clinical trials, and merger activities. Financially, the company has $26.5 million in cash and cash equivalents, with R&D and G&A expenses detailed for the full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
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Rhea-AI Summary
Citius Pharmaceuticals, Inc. and TenX Keane Acquisition have entered into a definitive agreement for a proposed merger. Citius Pharma will receive $675 million in equity of Citius Oncology and retain approximately 90% majority control. The transaction is expected to close in the first half of 2024. Citius Oncology will focus on developing and commercializing novel targeted oncology therapies, with LYMPHIR as its flagship product.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Rhea-AI Summary
Citius Pharmaceuticals, Inc. and TenX Keane Acquisition have entered into a definitive agreement for a proposed merger. Citius Pharma will receive $675 million in equity of Citius Oncology and retain majority control. The merger is expected to close in the first half of 2024. Citius Oncology will focus on developing and commercializing novel targeted oncology therapies, with LYMPHIR as its flagship product. The transaction will provide Citius Oncology with improved access to the public equity markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.36%
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Rhea-AI Summary
TenX Keane Acquisition extends the date for completing its initial business combination and receives an extension fee of $660,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
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Rhea-AI Summary
TenX Keane Acquisition announces extension of initial business combination date and deposit of $660,000 into trust account.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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TenX Keane Acquisition Unit

Nasdaq:TENKU

TENKU Rankings

TENKU Stock Data

3.27M
4.41%
0.07%
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