other material
confidence high
sentiment neutral
materiality 0.55
Edgewise reports $318.4M cash, outlines 2024 milestones, terminates ATM program
Edgewise Therapeutics, Inc.
- Preliminary cash, equivalents and marketable securities of $318.4M as of Dec 31, 2023; shares outstanding 70.5M.
- EDG-5506: 24-month ARCH data (Becker MD) in H1 2024; 1-year CANYON data in Q4 2024.
- EDG-5506: Phase 2 DUNE exercise data (Becker, LGMD, McArdle) in H1 2024; 3-month LYNX data (Duchenne) in H1 2024.
- EDG-7500 Phase 1 data in healthy volunteers and oHCM patients expected Q3 2024.
- Terminated ATM equity program with BofA Securities; no further sales under existing prospectus.