Gracell Biotechnologies Inc. today announced that members of its senior management team, including its Board and Chief Executive Officer Dr. William (Wei) Cao, Chief Financial Officer Dr. Yili Kevin Xie and Chief Medical Officer Dr. Martina A. Sersch, have informed the Company of their intention to use their personal funds to purchase the Company’s American depositary shares (“ADSs”) on the open market for an aggregate amount up to a maximum of $2 million within the next three months.
November 23, 2021
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