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Allarity Therapeutics, Inc. (Allarity), a clinical-stage biopharmaceutical company, has announced on May 20, 2024, that it has regained compliance with the Nasdaq's minimum stockholders' equity requirement. This follows the company's strategic efforts to improve its financial position, which included raising new equity and reducing liabilities. The compliance confirmation from Nasdaq comes after Allarity's presentation of a strategic plan during a panel hearing in February 2024. The company has also amended its At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC, increasing the amount of Placement Shares that may be sold to $30 million as of May 17, 2024. Allarity is focused on advancing its lead asset, stenoparib, a therapy for advanced ovarian cancer, and will continue to use its Drug Response Predictor (DRP®) companion diagnostic to select patients for treatment in clinical trials. The company will be monitored by a Nasdaq panel for one year to ensure continued compliance.
Allarity Therapeutics, Inc. (Allarity), a clinical-stage biopharmaceutical company, has announced on May 20, 2024, that it has regained compliance with the Nasdaq's minimum stockholders' equity requirement. This follows the company's strategic efforts to improve its financial position, which included raising new equity and reducing liabilities. The compliance confirmation from Nasdaq comes after Allarity's presentation of a strategic plan during a panel hearing in February 2024. The company has also amended its At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC, increasing the amount of Placement Shares that may be sold to $30 million as of May 17, 2024. Allarity is focused on advancing its lead asset, stenoparib, a therapy for advanced ovarian cancer, and will continue to use its Drug Response Predictor (DRP®) companion diagnostic to select patients for treatment in clinical trials. The company will be monitored by a Nasdaq panel for one year to ensure continued compliance.
臨床段階のバイオ製薬会社であるAllarity Therapeutics, Inc.(Allarity)は、2024年5月20日に、Nasdaqの最低株主資本要件を再度達成したことを発表しました。これは、新しい資本を調達し、負債を減らすという財務的な立場を改善するための同社の戦略的な取り組みに続くものです。Nasdaqからのコンプライアンス確認は、2024年2月のパネル聴取でAllarityが戦略計画を提示した後に行われました。同社はまた、Ascendiant Capital Markets、LLCとのAt-The-Market Issuance Sales Agreementを修正し、202...すべて展開
臨床段階のバイオ製薬会社であるAllarity Therapeutics, Inc.(Allarity)は、2024年5月20日に、Nasdaqの最低株主資本要件を再度達成したことを発表しました。これは、新しい資本を調達し、負債を減らすという財務的な立場を改善するための同社の戦略的な取り組みに続くものです。Nasdaqからのコンプライアンス確認は、2024年2月のパネル聴取でAllarityが戦略計画を提示した後に行われました。同社はまた、Ascendiant Capital Markets、LLCとのAt-The-Market Issuance Sales Agreementを修正し、2024年5月17日時点で販売できるPlacement Sharesの数量を3000万ドルに増やしました。Allarityは、進行した卵巣がんの治療に使用されるstenoparibというリードアセットに注力し、臨床試験において治療対象患者を選択するためにDrug Response Predictor(DRP®)コンパニオン診断を引き続き使用します。同社は、引き続きコンプライアンスを守るためにNasdaqパネルによって監視されます。
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