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Benitec Biopharma appoints David Friedman to board; Megan Boston resigns as director but remains CFO
David Friedman joined board as Class III director effective May 22, 2026; term until 2028 annual meeting.
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Benitec Q3 net loss $0.24/shr, cash $184.8M; BB-301 clinical progress continues
Net loss $11.9M ($0.24/shr) vs $14.5M ($0.38/shr) in prior year quarter; total expenses $13.6M.
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Benitec Q2 FY2026 net loss $11.8M; all Cohort 1 patients respond to BB-301 at 12 months
Net loss of $11.8M ($0.26 per share) vs $9.6M YoY; total expenses $13.4M (up from $10.8M).
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Benitec Biopharma stockholders elect directors and ratify auditor at 2025 annual meeting
22,327,761 shares present (85.06% of outstanding); all proposals passed.
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Benitec Q1 net loss $9.0M; BB-301 100% responder rate; FDA Fast Track; raised $100M
Net loss of $9.0M ($0.22/sh) vs $5.1M ($0.18) YoY; total expenses $9.8M, up from $5.8M.
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Benitec Biopharma prices $100M equity offering at $13.50/share (7.4M shares total)
Underwritten public offering of 5,930,000 shares plus 889,500-share underwriter option; concurrent registered direct offering of 1,481,481 shares to Suvretta Capital affiliates.
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Benitec gets FDA Fast Track for BB-301 in OPMD; 100% response rate in Cohort 1
FDA granted Fast Track Designation to BB-301 for OPMD with dysphagia; BB-301 also has Orphan Drug Designation from FDA and EMA.
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Benitec Biopharma FY2025 net loss $37.9M ($1.05/sh); BB-301 DSMB clears Cohort 2 enrollment
Net loss $37.9M ($1.05/share) vs $22.4M ($1.22/share) in FY2024; total expenses $41.8M (up 86%).
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Benitec restates Q2 and Q3 FY2025 financials for stock-comp understatement; prior filings unreliable
Audit Committee concluded Dec 31, 2024 and Mar 31, 2025 unaudited financials should no longer be relied upon.
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Benitec Biopharma reports DSMB recommends continuation of BB-301 Phase 1b/2a study after Cohort 1
Sixth and final subject of Cohort 1 safely treated with low dose of BB-301 in April 2025.
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Benitec Biopharma reports Q3 FY2025 net loss of $9.4M; cash $103.6M; BB-301 low-dose cohort completed
Net loss of $9.4M ($0.24/share) vs $4.3M ($0.23/share) in prior year; expenses rose to $10.2M on higher R&D and G&A.
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Benitec Biopharma closes ~$30.5M equity offering; issues 2.043M shares and pre-funded warrants
Gross proceeds ~$30.5M from underwritten offering of 1.143M shares + 300K pre-funded warrants at $13.00/$12.999 per share.
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Benitec Biopharma enters registration rights agreement with Averill funds related to direct offering
Registration Rights Agreement with Averill Master Fund and Averill Madison Master Fund dated March 26, 2025.
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Benitec Biopharma raises ~$30M in underwritten and direct common stock offering at $13/share
Underwritten offering of 1,143,000 shares and 300,000 pre-funded warrants at $13.00/$12.9999 per unit.
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Benitec reports durable improvements in swallowing function with BB-301 in OPMD interim results
Three subjects treated with low-dose BB-301 showed significant, clinically meaningful improvements in swallowing function at 12 months (Subjects 1,2) and 3 months (Subject 3) post-treatment.
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Benitec reports positive Phase 1b/2a BB-301 data; three OPMD subjects show durable swallowing improvements
Subject 1: 41% reduction in total dysphagic symptom burden (SSQ) 12-months post-treatment; VFSS improvements across consistencies.
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Benitec Biopharma reports Q2 FY2025 net loss of $7.4M, cash at $78.3M; five patients treated with BB-301 in Phase 1b/2a
Net loss $7.4M ($0.33/sh) vs $6.8M ($2.64/sh) year ago; basic shares rose from 2.6M to 22.1M on warrant exercises.
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Benitec Biopharma grants COO Sophie Mukadam 300,000 options at $12.00
Sophie Mukadam appointed COO effective Jan 1, 2025; receives 300,000 nonqualified stock options.
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Benitec appoints Sophie Mukadam as COO, Megan Boston as CFO; grants stock options to executives
Sophie Mukadam appointed COO effective Jan 1, 2025; base salary $500K, target bonus 40%.
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Benitec Biopharma authorizes 5M shares of preferred stock, effective Dec 9, 2024
Stockholders approved at Dec 4, 2024 annual meeting; amendment effective Dec 9, 2024.
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Benitec Biopharma stockholders elect directors and approve preferred stock authorization at 2024 annual meeting
Directors J. Kevin Buchi and Peter Francis elected with 17.3M and 16.5M votes respectively.
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Benitec Biopharma approves $360k CEO bonus, $162k Exec Director bonus for FY2024
Compensation Committee approved discretionary bonus of $360,360 for CEO Jerel Banks for FY ending June 30, 2024.
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Benitec reports Q1 FY2025 net loss $5.1M; positive clinical data for BB-301 in OPMD
Net loss $5.1M ($0.48/sh) vs $5.9M ($3.05/sh) prior year; cash $67.8M.
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Benitec reports positive interim data from BB-301 Phase 1b/2a: swallowing improvements in two OPMD subjects
Subject 1 at Day 270: 35% SSQ Total Score reduction, 33% VFSS TPR reduction for thin liquids.
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Benitec Biopharma enters ATM sales agreement for up to $75 million common stock offering
Up to $75M in common stock may be sold at-the-market through agent Leerink Partners.
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Benitec Biopharma gets ~$21.1M from Suvretta warrant exercise; shares outstanding rise to 17.9M
Suvretta Capital waived 19.99% beneficial ownership limit on warrants; new cap set at 49.9%.
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Benitec Biopharma FY2024 net loss $22.4M, cash $50.9M; BB-301 shows swallowing improvement
Net loss of $22.4M ($5.51 per share) for FY2024; cash and equivalents $50.9M as of June 30, 2024.
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Benitec stockholders approve Nasdaq-related proposal and equity plan amendment at special meeting
5,947,860 shares (58.97% of outstanding) present at August 29 special meeting.
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Benitec reports durable swallowing improvements at 180 days for first BB-301 subject in Phase 1b/2a
Post-dose Total Pharyngeal Residue meaningfully reduced at 180 days vs pre-dose average for Subject 1.
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Benitec appoints Kishen Mehta to board; Suvretta Capital portfolio manager
Appointed as Class I director effective June 26, 2024, term through 2026 annual meeting.