Genenta Science shares surge 16.49% after-hours after strategic pivot to defense, rebranding as Saentra Forge, acquiring ATC, and securing Praexidia Foundation as shareholder.

martes, 27 de enero de 2026, 4:13 pm ET1 min de lectura
GNTA--
Genenta Science surged 16.49% in after-hours trading following a strategic rebrand to Saentra Forge and a pivot toward defense and national security sectors. The company announced plans to acquire privately held Italian businesses in regulated defense industries, including a binding agreement with ATC, a manufacturer of tactical rifles and weapon systems. Praexidia Foundation, a defense-industry-aligned entity, joined as a long-term shareholder, enhancing governance and strategic credibility. The shift aims to leverage private-market valuations for acquisitions, with ATC projecting €4M–€9M in annual revenue by 2026–2027. These moves signal a high-demand sector pivot, strengthening financial flexibility and operational focus, directly aligning with the stock’s upward trajectory.

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