Murphy Canyon Acquisition Corp
A special purpose acquisition company — a 'blank-check' firm that raises money to merge with a private company — formed in 2021 to hunt for real estate and construction tech targets. It borrowed its name from the San Diego canyon road where its sponsor, Presidio Property Trust, is headquartered. In 2023 it instead merged with Conduit Pharmaceuticals, which picks up drug candidates shelved by big pharma and pushes them through later-stage trials.
Class A Common Stock — Acquired by Conduit Pharmaceuticals in September 2023