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Liminatus Pharma shares jump 79% after merger deal with InnocsAI announced

Company Fundamentals
21 May 2026
Mohd Haider
View Source
Bullish
pluang ai news

Liminatus Pharma's stock surged 79.34% in after-hours trading following the announcement of a definitive merger agreement with InnocsAI LLC. The deal will bring a clinical-stage oncology portfolio to Liminatus, including a CAR-T therapy candidate authorized for early-stage trials in South Korea. The merger requires shareholder approval and SEC review, with a deadline of December 31. Despite the recent spike, Liminatus shares have dropped nearly 97% over the past year and trade near their 52-week low, indicating high risk for investors.

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