Rachel King
each of Mark Goldberg, M.D., Scott Jackson, Rachel King, and Scott Koenig, M.D., Ph.D. tendered their resignations from the Company’s Board of Directors, effective as of February 21, 2025.
Highest-materiality recent filing
Crescent Biopharma Q1 net loss $23.3M; cash $189.2M funds ops into 2028
Net loss $23.3M ($0.70/sh) vs $15.1M ($19.63/sh) in Q1 2025; revenue $1.0M from Kelun-Biotech license.
Crescent Biopharma reports FY2025 net loss $153.9M, revenue $10.8M; cash $213.2M
Net loss of $92.4M ($4.01 per share) for Q4 2025 vs. $15.2M in prior year; FY net loss $153.9M.
Crescent Biopharma partners with Kelun-Biotech on CR-001/SKB105, raises $185M
Licenses CR-001 to Kelun-Biotech for Greater China; receives $20M upfront and up to $30M milestones.
Crescent Biopharma Q2 net loss $21.8M; merger & $200M financing closed
Net loss $21.8M ($4.93/share) for Q2 2025; R&D $12.1M, G&A $8.9M.
Crescent Biopharma completes reverse merger with GlycoMimetics; post-merger shares trade under CBIO
Former GlycoMimetics securityholders own ~2.7% of combined company; Crescent holders own ~97.3% on fully diluted basis.
Stockholders approve merger with Crescent Biopharma; 1-for-100 reverse split
Stockholders approved all 10 proposals including merger agreement, stock issuance, charter amendments, reverse split, and equity plans.
GlycoMimetics supplements merger disclosures; clarifies Crescent selection, $125M PIPE
GlycoMimetics chose Crescent over Party A (Chinese parent) due to regulatory clearance timing risks.
GlycoMimetics amends Crescent merger; exchange ratio ~15.42 GLYC shares per Crescent share
Amendment clarifies Crescent RSUs will be assumed using the same exchange ratio as other Crescent securities.
GlycoMimetics loses China license for uproleselan; CEO, CFO, 5 directors depart
Apollomics terminated the collaboration license for uproleselan and GMI-1687 in China, effective 90 days from Feb 19, 2025.
GlycoMimetics amends merger; $200M financing now pre-closing Crescent securities
Ownership split unchanged: GLYC holders ~3.10%, Crescent ~96.90% after close.
each of Mark Goldberg, M.D., Scott Jackson, Rachel King, and Scott Koenig, M.D., Ph.D. tendered their resignations from the Company’s Board of Directors, effective as of February 21, 2025.
Mr. Semerjian also resigned from the Board of Directors effective as of February 21, 2025.
each of Mark Goldberg, M.D., Scott Jackson, Rachel King, and Scott Koenig, M.D., Ph.D. tendered their resignations from the Company’s Board of Directors, effective as of February 21, 2025.
each of Mark Goldberg, M.D., Scott Jackson, Rachel King, and Scott Koenig, M.D., Ph.D. tendered their resignations from the Company’s Board of Directors, effective as of February 21, 2025.
each of Mr. Harout Semerjian, the Chief Executive Officer of the Company and Mr. Brian Hahn, the Company’s Chief Financial Officer, ceased his respective employment with the Company as of February 21, 2025
each of Mr. Harout Semerjian, the Chief Executive Officer of the Company and Mr. Brian Hahn, the Company’s Chief Financial Officer, ceased his respective employment with the Company as of February 21, 2025
each of Mark Goldberg, M.D., Scott Jackson, Rachel King, and Scott Koenig, M.D., Ph.D. tendered their resignations from the Company’s Board of Directors, effective as of February 21, 2025.
Max materiality 1.00 · Median 0.70 · Most common event earnings