Syros Pharmaceuticals Acquires Tyme Technologies in $130M PIPE and Closes Merger
September 16, 2022
Syros Pharmaceuticals (NASDAQ: SYRS) closed its merger with Tyme Technologies, acquiring TYME’s pipeline assets and net cash at closing. The transaction included a concurrent oversubscribed $130 million private investment in public equity (PIPE), and the combined company trades on Nasdaq under the SYRS ticker.
- Buyers
- Syros Pharmaceuticals, Inc.
- Targets
- Tyme Technologies, Inc.
- Industry
- Biotechnology
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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