Tempest and Millendo Announce Stockholder Approval of Merger

On June 22, 2021 Tempest Therapeutics, Inc. ("Tempest"), a clinical-stage oncology company developing potentially first-in-class therapeutics that combine both targeted and immune-mediated mechanisms, and Millendo Therapeutics, Inc. (Nasdaq: MLND) ("Millendo"), reported the results for the proposals voted upon by Millendo stockholders at a Special Meeting on June 22, 2021 (Press release, Tempest Therapeutics, JUN 22, 2021, View Source [SID1234585165]). The stockholders voted in favor of all proposals at the Special Meeting, including to approve the proposed merger between the companies.

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The closing of the merger is anticipated to take place on or around Friday, June 25, 2021. Following the closing of the merger, the combined company will be renamed Tempest Therapeutics and shares will begin trading with the open of the market on Monday, June 28, 2021 under the ticker "TPST."