Aptorum Group Limited is moving forward with its planned merger with DiamiR Biosciences Corp., expecting to close the transaction in the fourth quarter of 2025 following stockholder approval and customary closing conditions. As part of the agreement, DiamiR will become a wholly-owned subsidiary of Aptorum Group. The combined company will see an expanded board, with Dr. Laura A. Philips joining as an independent director at closing, Dr. Kira Sheinerman, DiamiR's co-founder and director, joining the board, and Dr. Alidad Mireskandari, DiamiR's CEO, taking an observer seat on the board and serving as President and Chief Operating Officer of the merged entity. The companies anticipate that the merger will strengthen their capabilities and presence in the development and commercialization of minimally invasive tests for early detection and monitoring of brain diseases.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aptorum Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9543006-en) on October 09, 2025, and is solely responsible for the information contained therein.
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