BRIEF-Appili Therapeutics Signs Definitive Agreement To Be Acquired By Aditxt Inc

Reuters04-02

April 2 (Reuters) - Appili Therapeutics Inc :

* APPILI THERAPEUTICS SIGNS DEFINITIVE AGREEMENT TO BE ACQUIRED BY ADITXT, INC.

* APPILI THERAPEUTICS INC - SHAREHOLDERS OF APPILI WILL RECEIVE 0.002745004 OF A SHARE OF COMMON STOCK OF ADITXT

* APPILI THERAPEUTICS INC - SHAREHOLDERS OF APPILI WILL ALSO RECEIVE US$0.0467 FOR EACH APPILI SHARE HELD

* APPILI THERAPEUTICS - COMBINED ENTERPRISE EXPECTED TO PROVIDE ENHANCED SYNERGIES AND RESOURCES TO ADVANCE KEY PROGRAMS

* APPILI THERAPEUTICS INC - ARRANGEMENT AGREEMENT ALSO PROVIDES FOR PAYMENT OF A TERMINATION FEE OF CDN$1.25 MILLION IN CERTAIN CIRCUMSTANCES

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