April 23, 2025
After, Tuesday closed positive with 30 positive, 3 negative and 2 flats after Monday closed positive with 21 positive, 13 negative and 1 flat
Tariff easing will be pleasing to “our” universe; however, after a surge, expect a sooner-or-later purge!
Pre-open Indications: 2 Sell into Strength, 4 Positive and 2 Negative
No false narratives or fake news; to read insights and analysis on the latest sector action, check out Pre-Open Brief
Never leave an investor uninformed!
April 23, 2025
New: On April 11, 2025, Marcum LLP (their accountants) informed Harvard Apparatus Regenerative Technology (OTCQB: HRGN) that Marcum resigned as the Registrant’s independent registered public accounting firm. Also on April 11, 2025, the Registrant, with the approval of the Audit Committee of the Registrant’s Board of Directors, engaged CBIZ CPAs P.C. as the Registrant’s independent registered public accounting firm.
From the previous and continuation title, "The chokehold got tighter cutting-off any capacity to lift multiple going concern at-risk marker"
In FY24, OTCQB: HRGN net loss was -$7.73 M or -$0.52 per share with a cash position of $2.5 M with a runway until Q2/25.
Accumulated deficit of $99.7 M from 11/1/23, the spin-off from Harvard Bioscienes (HBIO)
Liabilities $1,220 M while (in addition) still owing accounts payable: Un. of Pittsburg -$130 K, Yale University -$61 K and former employees $133 k
Product Development: (from 10K, 3/31/25)
April 23, 2025
Emphasizes that something will happen predictably as US equities and indexes surged as Trump calmed investors with tariff calming words and reversing Powell firing nerves
As cell and gene therapy equities came-off of its 4th upside session with a holiday in-between
Q1/25 earnings beginning to be posted: MDXG, 4/30 and ALNY, 5/1
Never leave an investor uninformed!
April 23, 2025
New: On April 11, 2025, Marcum LLP (their accountants) informed Harvard Apparatus Regenerative Technology (OTCQB: HRGN) that Marcum resigned as the Registrant’s independent registered public accounting firm. Also on April 11, 2025, the Registrant, with the approval of the Audit Committee of the Registrant’s Board of Directors, engaged CBIZ CPAs P.C. as the Registrant’s independent registered public accounting firm. Marcum’s LLP had reported the addition of a paragraph expressing substantial doubt about the Company’s ability to continue as a going concern. From the previous and continuation title, "The chokehold got tighter cutting-off any capacity to lift multiple going concern at-risk marker" In FY24, OTCQB: HRGN net loss was -$7.73 M or -$0.52 per share with a cash position of $2.5 M with a runway until Q2/25. Accumulated deficit of $99.7 M from 11/1/23, the spin-off from Harvard Bioscienes (HBIO) Liabilities $1,220 M while (in addition) still owing accounts payable: Un. of Pittsburg -$130 K, Yale University -$61 K and former employees $133 k Product Development: (from 10K, 3/31/25) Our first esophageal product candidate, our esophageal implant was used in the first successful regeneration of the esophagus in a patient with esophageal cancer. This successful first-in-human experience, plus the research we have performed on over 50 pigs, led the FDA to approve our 10-patient phase 1 clinical trial. This combination trial will measure both safety and efficacy in the patient population. “We have encountered delays in patient recruitment for our ongoing clinical trial, driven by several factors, including the existing comorbid conditions for clinical trial participants, the stringent eligibility criteria required by FDA for our studies, and logistical difficulties in enrolling participants across various sites.” “Although we are actively implementing strategies to mitigate these challenges, such as increasing the number of trial sites and enhancing patient outreach efforts, there is a risk that these measures may not completely resolve the recruitment issues. Our product candidates are currently in development and have not yet received regulatory approval for sale anywhere in the world.”
March 10, 2025
including pre-funded warrants to purchase 1,404,988 shares of common stock at an offering price of $28.47 per pre-funded warrant with an exercise price of $0.01 per share. BEAM closed Friday at $1.23 to $28.48 with a pre-open indication of $2.57 or +0.02% to $31.05 Gross proceeds from the offering are expected to be approximately $500.0 million expected to close on or about 3/11/2525
February 18, 2025
35.739 M shares were priced at $4.30 with 13.88 M warrants priced at $4.029 Tuesday SLDB jumped +$1.27 to $5.30 The financing includes new and existing investors, including Adage Capital Partners LP, Bain Capital Life Sciences, Invus, Perceptive Advisors, RA Capital Management, TCGX, Venrock Healthcare Capital Partners, Vestal Point Capital, a U.S.-based life-sciences focused institutional investor, a major mutual fund and a large investment management firm.
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