m_and_a
confidence high
sentiment neutral
materiality 0.80
Aptose shareholders approve Hanmi go-private at C$2.41/share; FY net loss $25.5M
Aptose Biosciences Inc.
- Shareholders approved acquisition by Hanmi at C$2.41/share (28% premium over 30-day VWAP of C$1.88).
- 84.87% of non-Hanmi shares voted for the arrangement; Alberta court issued final order; closing expected by end of April 2026.
- FY2025 net loss $25.5M (flat vs $25.4M); cash $4.1M as of Dec 31, 2025; company notes insufficient cash to fund operations; relies on Hanmi advances.
- TUS+VEN+AZA triplet in newly diagnosed AML showed 90% CR/CRh, 78% MRD negativity by central flow; no dose-limiting toxicities.
- Hanmi provided over US$41M in debt facilities over past 18 months to support Aptose.
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