First Light Acquisition Group (FLAG) to Combine with Calidi Biotherapeutics, Inc. in $335M Deal

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First Light Acquisition Group (FLAG) to Combine with Calidi Biotherapeutics, Inc. in $335M Deal

First Light (FLAG) has entered into a definitive agreement to combine with Calidi Biotherapeutics at an enterprise value of $335 million. La Jolla, California-based Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology that delivers oncolytic viruses for targeted therapy against difficult-to-treat cancers. The combined company is expected to trade on the NYSE American
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