Boundless Bio, Inc. Common StockAnnounced merger with Serapha Bio backed by ~$230M committed financing.
Several emerging companies are approaching significant inflection points. NeOnc Technologies received Investigational New Drug authorization from the Department of Health–Abu Dhabi for its NEO100 program, covering adult Phase 1 through Phase 2 studies and establishing a pathway for pediatric development in high-grade gliomas, with a Phase 2a readout expected by the end of July 2026. Boundless Bio announced a proposed merger with privately held Serapha Bio, creating a publicly traded company focused on gene-editing therapies for Alpha-1 Antitrypsin Deficiency, backed by approximately $230 million in committed financing from a syndicate led by RTW Investments and RA Capital Management. Backblaze signed a five-year, multi-exabyte data storage agreement valued at approximately $335 million with AI cloud infrastructure provider CoreWeave, positioning Backblaze as a key storage provider for portions of CoreWeave's managed storage infrastructure. HeartSciences announced a proposed business combination with Fortitude Mining Holdings, a digital asset mining platform focused primarily on Zcash, with existing Fortitude owner Digital Currency Group expected to hold approximately 95% of the combined company upon closing.
Boundless Bio, Inc. Common StockAnnounced merger with Serapha Bio backed by ~$230M committed financing.
NeOnc Technologies Holdings, Inc. Common StockReceived IND authorization from Abu Dhabi health department for NEO100 program.
Heart Test Laboratories Inc. Common StockAnnounced business combination with Fortitude Mining Holdings; existing owner to hold ~95%.
CoreWeave, Inc. Class A Common Stock
Backblaze IncSigned a five-year, $335M data storage agreement with CoreWeave.