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Intec Closes Merger with Decoy Biosystems


Intec Closes Merger with Decoy Biosystems
USA - English
Changes Corporate Name to Indaptus Therapeutics to Reflect Clinical Focus
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NEW YORK, Aug. 3, 2021 /PRNewswire/ Indaptus Therapeutics, Inc. (Nasdaq: INDP) ( Indaptus or the Company, and formerly, Intec Parent, Inc.) today announced the closing of its previously announced merger with Decoy Biosystems, Inc. ( Decoy ) and the completion of a $30 million private placement in accordance with the merger agreement. In addition, the Company announced a corporate name change to Indaptus Therapeutics, as it better reflects the Company s therapeutic focus.
Indaptus is expected to begin trading on the Nasdaq Capital Market at the open of trading on August 4, 2021, under the ticker symbol INDP and a new CUSIP number (45339J 105). The previous ticker symbol was NTEC (Nasdaq: NTEC). The Company will have a new website address: www.indaptusrx.com. ....

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Mid-day market update: Atlassian surges following strong Q4 results, Pinterest shares slide


7/30/2021 4:48:17 PM GMT
Midway through trading Friday, the Dow traded down 0.25% to 34,996.01 while the NASDAQ fell 0.62% to 14,686.02. The S&P also fell, dropping 0.45% to 4,399.32.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 34,751,040 cases with around 612,120 deaths. India confirmed a total of at least 31,572,340 cases and 423,210 deaths, while Brazil reported over 19,839,360 COVID-19 cases with 554,490 deaths. In total, there were at least 196,684,500 cases of COVID-19 worldwide with more than 4,199,940 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Real estate shares climbed 1.1% on Friday. Meanwhile, top gainers in the sector included Alexander & Baldwin, Inc. ALEX 5.01%, up 5% and American Realty Investors, Inc. ARL 5.26% up 5%. ....

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