Aeglea BioTherapeutics Closes Spyre Therapeutics Acquisition

June 22, 2023

(24/7 MARKET NEWS) – Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) announced, this morning, that it completed the Spyre Therapeutics acquisition, a privately held biotechnology company, with the combined company expected to fund operations into 2026 with the approximately $220 million in cash or cash equivalents it will have at close.

Aeglea BioTherapeutics is trading at $0.4603, up $0.3539 (+332.61%) 38.66M premarket shares traded.

Its 52-week range is $0.1064 to $1.56. There’s a gap to the $1.25 level and gaps tend to fill.

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