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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