Polyrizon stock price rises due to potential acquisition of Arrow Aviation

LootboxPhobia · 2026-02-11T23:49:50+00:00

Polyrizon Ltd. announces plans to acquire a 51% stake in Arrow Aviation for approximately $5.8 million, with the stock price rising by 2%. This move marks Polyrizon's diversification from biotechnology into the private aviation market, which is expected to reach $41.38 billion by 2030. The deal is subject to due diligence and other conditions.

LootboxPhobia

2026-02-11 23:49:50

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Investing.com – Polyrizon Ltd. (NASDAQ:PLRZ) stock rose 2% in pre-market trading on Tuesday after the clinical-stage biotech company announced the signing of a non-binding memorandum of understanding (MOU) to acquire a majority stake in Arrow Aviation.

The Israel-based company plans to purchase a 51% stake in Arrow Aviation through approximately $5.8 million in cash investment. This strategic move marks a significant shift for Polyrizon as it seeks to diversify from its core biotech focus into the private aviation sector.

Arrow Aviation provides private aviation services, operating a fleet of executive jets, and currently generates approximately $19 million in unaudited annual revenue and about $3 million in adjusted EBITDA. The company offers business and leisure private flights, as well as specialized services including medical evacuations, air rescue, and cargo transport.

Polyrizon CEO Tomer Izraeli stated, “We believe that once completed, this strategic move will bring exciting diversification opportunities for Polyrizon, enabling us to leverage our strong financial position to enter the dynamic private aviation market.”

The proposed transaction includes additional arrangements, such as transferring a Gulfstream G800 valued at $3.5 million to Arrow Aviation and forgiving outstanding shareholder debt. The memorandum of understanding also outlines an option for Polyrizon to acquire the remaining 49% of Arrow Aviation after two years.

A final agreement is expected to be reached within 30 days, pending due diligence and customary closing conditions. According to the information provided in the announcement, the private aviation market is projected to grow to $41.38 billion by 2030.

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