Neoleukin Therapeutics, Inc. (NLTX) News

Neoleukin Therapeutics, Inc. (NLTX): $13.96

0.20 (+1.45%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Biotech

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F

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Latest NLTX News From Around the Web

Below are the latest news stories about NEOLEUKIN THERAPEUTICS INC that investors may wish to consider to help them evaluate NLTX as an investment opportunity.

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William White on InvestorPlace | October 5, 2023

Neoleukin Therapeutics Announces 1-for-5 Reverse Stock Split

SEATTLE, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Neoleukin Therapeutics, Inc., “Neoleukin” or the “Company” (NASDAQ:NLTX), a biopharmaceutical company that has designed de novo protein therapeutics utilizing sophisticated computational methods, today announced that its Board of Directors (“Board”) has approved a reverse stock split of the Company’s outstanding shares of common stock at a ratio of 1-for-5. The reverse stock split will become effective at 12:01 a.m. Eastern time on September 25, 2023.

Yahoo | September 22, 2023

BAKER BROS. ADVISORS LP Reduces Stake in Neoleukin Therapeutics Inc

Firm real-time pick highlight

Yahoo | August 18, 2023

Neurogene and Neoleukin Announce Definitive Merger Agreement

Proposed merger to create Nasdaq-listed biotech company focused on advancing Neurogene’s differentiated portfolio of genetic medicines for complex neurological diseases Combined company is expected to have a cash balance of approximately $200 million at close, including approximately $95 million from concurrent private financing by Neurogene’s new and existing investors Cash expected to fund combined company into 2H:26 and through multiple catalysts, including preliminary data in 4Q:24 and addit

Yahoo | July 18, 2023

Neoleukin (NLTX) Up 36% on Initiating Another Restructuring Plan

Neoleukin (NLTX) seeks strategic options to maximize shareholder's value. This includes the undertaking of another restructuring plan to reduce 70% of the existing workforce.

Yahoo | March 10, 2023

Here's Why We're Watching Neoleukin Therapeutics' (NASDAQ:NLTX) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Yahoo | March 10, 2023

Neoleukin Therapeutics Seeks Strategic Alternatives, To Layoff More In Round 2 Within 6 Months

Neoleukin Therapeutics Inc (NASDAQ: NLTX) has engaged SVB Securities to assist in reviewing strategic alternatives. Neoleukin also approved a further corporate restructuring to preserve cash, including reducing its workforce by approximately 70%. After a short transition, Chief Executive Officer Jonathan Drachman will also be stepping down. The company expects this reduction in force to be completed during the first half of 2023. "The work that Neoleukin has done to advance the science of de nov

Yahoo | March 9, 2023

Neoleukin Therapeutics Provides Strategic Update and Announces Restructuring and Leadership Transition

SEATTLE, March 08, 2023 (GLOBE NEWSWIRE) -- Neoleukin Therapeutics, Inc., “Neoleukin” (NASDAQ:NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, today announced that it has engaged SVB Securities to assist in reviewing strategic alternatives for the Company with the goal of maximizing shareholder value. Such alternatives may include a sale, merger, divestiture of assets, licensing or other strategic transaction. There can be n

Yahoo | March 8, 2023


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