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Bullboard - Stock Discussion Forum Neximmune Inc NEXI

NexImmune, Inc. is a clinical-stage biotechnology company. The Company is engaged in developing an approach to immunotherapy designed to employ the body’s own T cells to generate an immune response that mimics natural biology. Its product candidates include NEXI-001 in acute myeloid leukemia (AML); NEXI-002 in multiple myeloma (MM), and NEXI-003, a solid tumor product candidate for Human... see more

NDAQ:NEXI - Post Discussion

Neximmune Inc > NEXI....hard to keep on top of things....
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Post by Iseneschal on Feb 02, 2024 3:10pm

NEXI....hard to keep on top of things....

The 8K is about terminating an old agreement date June 2022 between Cantor and Nexi to raise upto 50 M cash , so the company is not liquidating
Comment by Iseneschal on Feb 02, 2024 3:11pm
the previous one was for raising upto 50M, today it is a direct offering where they offered unregistered warrants which will bring the price down because as soon those get exercised, company has to issue new shares i.e. further liquidation.
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