Jun 10, 3:06 AM EDT
Tango Therapeutics prices upsized $600M public offering at $30/share
TNGX
Tango Therapeutics ( TNGX ) announced the pricing of an upsized underwritten public offering of 18.17M shares of its common stock and pre-funded warrants to purchase up to 1.83M shares. The gross proceeds from the offering are expected to be approximately $600…
Jun 10, 12:12 AM EDT
Cellectis wins FDA RMAT status for leukemia CAR-T candidate lasme-cel; shares rise
CLLSCMVLF
Cellectis ( CLLS ) shares rose in extended trading on Tuesday after the company said that its CD22-targeting allogeneic CAR-T therapy, lasme-cel, received FDA Regenerative Medicine Advanced Therapy (RMAT) designation for a severe form of leukemia. The granting…
Jun 9, 5:14 PM EDT
Summit Therapeutics files for $500M common stock offering; shares slide over 9%
SMMT
Summit Therapeutics ( SMMT ) announced on Tuesday that it has commenced an underwritten public offering of $500M of shares of its common stock. Shares of SMMT slipped over 9% in extended trading on Tuesday. All the shares in the proposed offering
Jun 9, 4:28 PM EDT
Shattuck Labs launches proposed public offering of common stock
STTK
Shattuck Labs ( STTK ) has commenced a public offering of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock. In addition, Shattuck expects to grant
Jun 9, 4:14 PM EDT
Lakefront Biotherapeutics launches €50M share buyback program
LKFT
Lakefront Biotherapeutics NV ( LKFT ) announced a share repurchase program of up to €50M. The company may repurchase ordinary shares through December 31, 2026. More on Lakefront Biotherapeutics Lakefront Biotherapeutics NV 2026 Q1 - Results - Earnings Call Pre…
Jun 9, 4:01 PM EDT
Novavax rises after six sessions of decline
NVAX
Shares of Novavax ( NVAX ) rose 0.58% to close at $8.67 on Tuesday, ending a six-session slide. The stock has fallen around 18% between June 1 and June 8, compared to a 2.56% decline in the S&P 500 over the same period. According
Jun 9, 10:26 AM EDT
Cartesian climbs on licensing deal with WestGene for CAR-T therapies
RNAC
PM Images Cartesian Therapeutics ( RNAC ) jumped over 30% on Tuesday after announcing a licensing deal to develop its CAR-T cell therapies using a drug delivery technology developed by the mRNA therapeutics company WestGene Biopharma. Under the collaboration,…
Jun 9, 10:04 AM EDT
Retail traders rotate out of chip stocks into high-beta names
PTENADEACEGMRVL
Retail investors are rotating out of semiconductor stocks and into higher-beta speculative names, according to recent retail flow data from Vanda Research. The shift comes after months of strong retail buying in semiconductor companies and may reflect investor…
Jun 9, 9:54 AM EDT
AIM ImmunoTech announces $2.65M financing priced at-market
AIMIII
AIM ImmunoTech ( AIM ) on Tuesday said it has entered into definitive agreements for a registered direct offering and concurrent private placement priced at-the-market under NYSE American rules for gross proceeds of approximately $2.65 million. The offering is…
Jun 9, 9:00 AM EDT
Disc Medicine gets FDA onboard with approval path for rare disease therapy
IRON
JHVEPhoto/iStock Editorial via Getty Images Disc Medicine ( IRON ) traded higher in the premarket on Tuesday after announcing that the company and the FDA have reached a consensus on a path to receive U.S. approval for its rare disease therapy bitopertin. Earl…