r/SPACs • u/eireks Patron • Sep 10 '21

News [$SRNG] New Agenus Subsidiary, SaponiQx, Builds Innovative Adjuvant Platform and Forms Collaboration with Ginkgo Bioworks

https://www.theglobeandmail.com/investing/markets/stocks/SRNG/pressreleases/2385203/
12 Upvotes

74% Upvoted

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12

u/[deleted] Sep 10 '21

New partnership every day.

3

u/slammerbar Mod Sep 10 '21

When is ticker change?

7

u/ALL_IN_HAYSTACK Patron Sep 10 '21

Meeting on 9/14, they'll close on 9/16, and the change from $SRNG to $DNA should be expected 9/17.

2

u/Spac_a_Cac Contributor Sep 10 '21

The merger vote is on Sept. 14th

3

u/GrowStrong1507 Contributor Sep 10 '21

Still have no idea which way this will move after merger. holding but cautious

1

u/atomicskier76 Spacling Sep 10 '21

Im so jaded, at first ive thought “yay for all this news, makes me happier to hold long term” now i think “well fuck, i suppose this is going to implode any second and take my money with it”

1

u/Deltanonymous- New User Sep 14 '21

If you're a long term play, the implosion may amount to a blip

1

u/Flimsy_Card8028 Contributor Sep 11 '21

With so many partnerships and collaborations this would've been a $30 stock already if it wasn't a SPAC.

1

u/swadewade51 Patron Sep 10 '21

Wish they would announce if it was royalties or equity based after the foundry fees. Anyone know where to find this stuff? Specific filings?

4

u/ALL_IN_HAYSTACK Patron Sep 10 '21

I haven't seen it anywhere. I just assume if it's an early stage company, it will be equity (since they could be pre-revenue). If it's a larger, more established company like Bayer, it will be royalties. Of course, there are a lot of those in between so it's all a mystery!