Lisata shares are trading higher after the company announced it is pursuing damages through litigation over Kuva’s breached merger agreement, reviewing strategic alternatives, and cutting costs with a major workforce reduction to preserve cash.

Lisata Therapeutics, Inc.

Lisata Therapeutics, Inc.

LSTA

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Lisata shares are trading higher after the company announced it is pursuing damages through litigation over Kuva’s breached merger agreement, reviewing strategic alternatives, and cutting costs with a major workforce reduction to preserve cash.