Bullboard - Stock Discussion Forum Better Therapeutics Inc BTTX

Healthcare Medical Devices

Better Therapeutics, Inc. is a prescription digital therapeutics (PDT) company. The Company is engaged in developing a novel form of cognitive behavioral therapy (CBT) to address the root causes of cardiometabolic diseases. Its lead PDT product candidate, BT-001, is an investigational prescription digital therapy for the treatment of T2D. The investigational therapy is delivered via software... see more

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Better Therapeutics Inc > BTTX....NR this a.m....not good ; )

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Post by Iseneschal on Mar 14, 2024 9:41am

BTTX....NR this a.m....not good ; )

Better Therapeutics Announces it will Seek Strategic Alternatives and will be Delisted from Nasdaq

2024-03-14 06:38 ET - News Release

Company Website: https://www.bettertx.com/
SAN FRANCISCO -- (Business Wire)

Better Therapeutics, Inc. (NASDAQ: BTTX) (the “Company”) announced today that the Company is terminating its employees and will explore strategic alternatives, including assignment for the benefit of creditors and/or a wind-down of the Company. This decision was made at a special meeting of the board of directors on Wednesday evening, March 13, 2024. Further, as previously disclosed, the Company’s securities are subject to delisting from the Nasdaq Stock Market unless the Company presents a plan to regain compliance with Nasdaq’s continued listing standards before the Nasdaq hearings panel. The Company has voluntarily requested a delisting of its securities and expects its securities to be delisted in the near term.