Tapimmune Inc. to merge with Marker Therapeutics.

TapImmune Inc.announced that it has entered into a definitive merger agreement to acquire Marker Therapeutics a privately-held clinical-stage developer of a transformative, non-genetically engineered, multi-antigen T cell therapy platform. The proposed transaction will be a merger-of-equals under which the stockholders of TapImmune and Marker will each own approximately 50% of the combined company, prior to any issuances of additional shares in a contemplated financing. The proposed merger remains subject to certain conditions, including that financing and the approval of TapImmune stockholders.