NKGen Biotech Completes Business Combination, Commences Trading on Nasdaq

NKGen Biotech, Inc., a clinical-stage biotechnology company focused on developing and commercializing innovative natural killer (NK) cell therapies, today announced the closing of its previously announced business combination with Graf Acquisition Corp. IV (GRAF).

This transaction resulted in NKGen becoming a publicly traded company on the Nasdaq Global Market under the “NKGN.”

NKGen’s NK cell therapies are designed to harness the power of the body’s immune system to fight cancer and other diseases. NK cells are a type of white blood cell that play a critical role in innate immunity, the body’s first line of defense against infection.

NKGen’s lead NK cell therapy candidate, SNK02, is an allogeneic NK cell therapy currently being evaluated in a Phase I clinical trial to treat solid tumors. NKGen is also developing autologous NK cell therapies for treating neurodegenerative diseases, such as Alzheimer’s disease and Parkinson’s disease.

The closing of this business combination provides NKGen with the financial resources and public market visibility necessary to accelerate the development and commercialization of its NK cell therapies.

“We are excited to complete this business combination and become a publicly traded company,” said Paul Y. Song, M.D., CEO of NKGen. “This transaction will allow us to expand our clinical programs, accelerate our manufacturing capabilities, and build a world-class team to bring our NK cell therapies to needy patients.”

NKGen’s business combination with GRAF is a significant milestone for the company and the field of NK cell therapy. It represents a vote of confidence in NKGen’s innovative platform and its potential to transform cancer treatment and other diseases.

Editor's Choice

Posts You Might Like

A Resilient & Innovative Leader | Maushum Basu

Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.

Directing with Courage & Precision | Martin Paquette

When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.

An Innovative Thinker | Marina Charriere

Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.

A Pioneer of Food Technology | Lejjy Gafour

Lejjy Gafour, CEO, CULT Food Science Corp. Lejjy is a self-taught entrepreneur and experienced company operator who made his start creating opportunities at the young age of 14, and he has been working, leading, and building businesses ever since.

The-corporate-magazine-15

Leave us a message

Subscribe

Fill the form our team will contact you

Advertise with us

Fill the form our team will contact you​