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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...
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Posted: May 11 2023, 22:00
Author Name: forextv
Views: 103194