ImmunityBio converts from Immunomedics Message Board

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Biotech / Medical : ImmunityBio converts from Immunomedics

IBRX 2.250

-6.3%

9:30 AM EST

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From: luckydog88	7/22/2025 8:37:23 AM
	of 1222

Los Angeles Times owner Patrick Soon-Shiong announced plans to take the 143-year-old newspaper public within the next year, What Happened: On a Monday television interview on “The Daily Show,” Soon-Shiong told host Jon Stewart the move aims to “democratize” ownership of the publication. “We’re literally going to take LA Times public and allow it to be democratized and allow the public to have ownership of this paper,” he said in the taped interview. The billionaire owner, who also founded ImmunityBio Inc. (IBRX) , said the structure would resemble the Green Bay Packers’ public ownership model. A partner organization is developing the framework, according to Soon-Shiong.

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