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NLS Pharmaceutics Shareholders Approve Merger with Kadimastem

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NLS Pharmaceutics Shareholders Approve Merger with Kadimastem

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An update from NLS Pharmaceutics ( (NLSP) ) is now available.

On September 30, 2025, NLS Pharmaceutics announced that its shareholders approved a merger with Kadimastem at an Extraordinary General Meeting held on September 29, 2025. This merger, pending final Nasdaq approval, will create NewCelX Ltd., a Nasdaq-listed biotechnology company. The merger combines NLS’s expertise in CNS small-molecule therapies with Kadimastem’s advanced cell therapy programs, including a Phase 2a ALS study and a diabetes program. The combined company aims to leverage a diversified pipeline and experienced leadership to drive long-term growth and deliver transformative therapies.

More about NLS Pharmaceutics

NLS Pharmaceutics Ltd. is a Swiss-based clinical-stage biopharmaceutical company that focuses on developing innovative therapies for central nervous system disorders. Kadimastem Ltd. is a clinical-stage cell therapy company specializing in treatments for neurodegenerative diseases and diabetes.

Average Trading Volume: 219,570

Technical Sentiment Signal: Sell

Current Market Cap: $10.42M

Learn more about NLSP stock on TipRanks’ Stock Analysis page.

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