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Shareholders approved Coeptis Therapeutics' split into a tech infrastructure firm and a biotech spin-out, with the latter set to list on NASDAQ without an IPO.
Shareholders of Coeptis Therapeutics (NASDAQ: COEP) have approved a major restructuring that splits the company into two entities: a $660 million technology infrastructure business, now operating as Z-Squared Inc. under the COEP ticker, and a $75 million biotech spin-out focused on cell therapies including DVX201 and the SNAP-CAR platform.
The surviving company retains 21% ownership, with Z-Squared shareholders holding 79%.
The deal preserves $100 million in tax-loss carryforwards and allows investors exposure to both stable infrastructure revenue and high-growth biotech development, with the biotech entity set to list on NASDAQ without a traditional IPO.
The transaction, first disclosed in 2025 SEC filings, is moving toward closing.
Los accionistas aprobaron la división de Coeptis Therapeutics en una empresa de infraestructura tecnológica y una escisión de biotecnología, con esta última lista en NASDAQ sin una IPO.