Polyrizon Shares Tick Up After Memorandum to Buy Majority Stake in Arrow Aviation
Polyrizon Ltd. shares rose about 2% in premarket trading after the Israel-based, pre-clinical-stage biotechnology company disclosed a non-binding memorandum of understanding to acquire a 51% stake in Arrow Aviation. The proposed deal would involve a cash investment of roughly $5.8 million, the transfer of a Hawker 800 aircraft valued at $3.5 millio…