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Cyclerion Announces Corporate Updates and Q1 2023 Financial Results

Cyclerion Announces Corporate Updates and Q1 2023 Financial Results
Definitive agreement reached with new company (“NewCo”) established by certain Cyclerion shareholders and new investors Cyclerion to receive $8M in cash and 10% equity in NewCo in exchange for its zagociguat and CY3018 assets Definitive agreement signing triggers previously announced $5M equity investment in Cyclerion Cyclerion CEO Peter Hecht Ph.D. to lead NewCo while continuing […] The post Cyclerion Announces Corporate Updates and Q1 2023 Financial Results appeared first on ForexTV... Read More
Posted: May 11 2023, 22:00
Author Name: forextv
Views: 103194

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