Why CohBar (CWBR) Stock Is Down Nearly 50% Today
Why CohBar (CWBR) Stock Is Down Nearly 50% Today
As of September 30, 2023, CohBar says the company had around $9.1 million in cash, cash equivalents and investments, along with approximately $1.5 million in accrued liabilities.CohBar Inc (NASDAQ:CWBR) shares are trading lower by 47% to $0.92 Wednesday afternoon. The stock is falling sharply after the company received guidance from Nasdaq that the company and Morphogenesis, Inc's merger agreement would not be approved.
CohBar Inc 周三下午，纳斯达克股票代码：CWBR）股价下跌47％，至0.92美元。在该公司获得来自的指导后，该股大幅下跌 斯达克 那家公司和 Morphogenesis, Inc 合并协议不会获得批准。
What Else?
还有什么？
After discussions, CohBar decided that there was no viable way to proceed with the merger, and Morphogenesis issued a termination notice in accordance with the agreement. Consequently, CohBar plans to liquidate and dissolve itself.
经过讨论，COHBar认为没有可行的方法进行合并，Morphogenesis根据协议发布了终止通知。因此，COHBar计划进行清算并自行解散。
As of September 30, 2023, CohBar says the company had around $9.1 million in cash, cash equivalents and investments, along with approximately $1.5 million in accrued liabilities.
COHBar表示，截至2023年9月30日，该公司拥有约910万美元的现金、现金等价物和投资，以及约150万美元的应计负债。
The exact amount available to return to CohBar's public stockholders is uncertain due to anticipated but unquantifiable liquidation expenses.
由于预期但无法量化的清算费用，尚不确定可向COHBar公众股东返还的确切金额。
According to data from Benzinga Pro, CWBR has a 52-week high of $6.90 and a 52-week low of $0.88.
根据Benzinga Pro的数据，CWBR的52周高点为6.90美元，52周低点为0.88美元。