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News 2026-09-23 12:00 UTC

Adagio Medical Holdings, Inc. (ADGM) Begins Strategic Alternatives Review

Adagio began a formal review of strategic alternatives and is cutting its workforce. It reported a preliminary unaudited ~$7.7M in cash, cash equivalents and marketable securities as of June 30, 2026.Material DetailsContext by AI AnalystThis is a late-stage confirmation that the company is seeking…