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Added to YB: 2024-01-05

Pitch date: 2024-01-05

AVRO [bullish]

AVROBIO, Inc.

-4.76%

current return

Author Info

Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.

Company Info

As of June 20, 2024, AVROBIO, Inc. was acquired by Tectonic Therapeutic, Inc., in a reverse merger transaction.

Market Cap

$62.9M

Pitch Price

$17.64

Price Target

2.00 (-88%)

Dividend

N/A

EV/EBITDA

0.58

P/E

2.08

EV/Sales

N/A

Sector

Biotechnology

Category

special_situation

Show full summary:
$AVRO: at least $2/share of value

AVRO strategic review ongoing; $100M NCAV ($2/share) at Q3 less $10M burn; Gaucher program potential kicker to cash value post-Novartis deal for other program; trades $1.32, attractive risk/reward.

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