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Cellectar shareholders approve warrant exercise for up to 39.6M shares, increase share reserve by 2M
Class III directors Andrew Gu and Douglas J. Swirsky elected to three-year terms.
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Cellectar director Loren not standing for reelection; Nantahala analyst Gu appointed to board
Dr. Stefan Loren will not stand for reelection at 2026 annual meeting; no disagreement with the company.
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Cellectar reports Q1 net loss $5.7M; positive iopofosine data, up to $140M financing
Q1 net loss $5.7M ($1.33/share) vs $6.6M ($4.30/share) YoY; cash $8.3M at March 31.
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Cellectar raises ~$35M via stock/warrant offering; reports positive 12-mo Phase 2b WM data
Gross proceeds ~$35M; issued 1.6M registered shares, 2.1M unregistered, and warrants for 9.5M+13.2M shares.
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Cellectar Biosciences reports FY2025 net loss $21.8M, cash $13.2M; plans EMA submission Q3 2026
Net loss $21.8M ($8.35/share) vs $44.6M ($36.52/share) in 2024; company pre-revenue.
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Cellectar Q3 net loss $4.4M ($1.41/sh); cash $12.6M; progress on EU conditional marketing for iopofosine
Net loss narrowed to $4.4M ($1.41/sh) from $14.7M ($11.18/sh) YoY; R&D spending fell to $2.5M.
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Cellectar raises ~$5.8M via warrant exercise; prelim cash $12.6M as of Sep 30
Gross proceeds of ~$5.8M from exercise of 1,048,094 existing warrants at $5.25/share; holders paid $0.125 per new warrant.
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EMA confirms iopofosine I 131 eligible for Conditional Marketing Authorization in post-BTKi WM
SAWP advised filing a CMA for iopofosine I 131 in post-BTKi refractory WM could be acceptable.
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Cellectar to pursue accelerated NDA for iopofosine I 131 in WM; Q2 net loss $5.4M
Plans NDA submission for accelerated approval of iopofosine I 131 in WM, subject to sufficient funding and confirmatory trial initiation.
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Cellectar provides clinical updates, plans Phase 1 studies for CLR 125 and CLR 225 in H2 2025 subject to financing
CLR 125 (Auger-emitting PRC) Phase 1b study in triple-negative breast cancer planned for H2 2025, subject to additional financing.
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Cellectar Biosciences completes 1-for-30 reverse stock split effective June 24, 2025
Reverse split ratio set at 1-for-30 for common stock, par value $0.00001.
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Cellectar Biosciences announces 1-for-30 reverse stock split; effective June 24, 2025
Approved by stockholders at June 13, 2025 annual meeting; board set final ratio as 1-for-30.
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Cellectar shareholders approve reverse stock split, re-elect directors
Elected James V. Caruso and Frederick W. Driscoll as Class II directors; Caruso 5,478,892 for, Driscoll 6,207,218 for.
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Cellectar Biosciences raises $2.5M via warrant exercise inducement at $0.3041/share
Gross proceeds ~$2.5M from immediate exercise of 8,301,322 outstanding warrants at $0.3041/share.
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Cellectar Biosciences Q1 2025 Net Loss Narrowed to $6.6M; Seeks EMA Conditional Approval for Iopofosine
Net loss for Q1 2025 was $6.6 million ($0.14 per share), compared to $26.6 million ($0.91 per share) in Q1 2024.
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Cellectar Biosciences to explore strategic alternatives; hires Oppenheimer as advisor
Board authorized exploration of M&A, partnerships, licensing or other transactions; no deal reached.
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Cellectar amends CEO/COO severance, reduces stockholder quorum to one-third
Board on March 12, 2025 approved enhanced severance for CEO and COO upon qualifying termination after a change in control.
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Cellectar Biosciences FY2024 net loss $44.6M; FDA agrees on accelerated approval path for iopofosine I 131
Net loss of $44.6M ($1.22 basic EPS) vs $42.8M in 2023; cash $23.3M as of Dec 31, 2024.
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Cellectar receives Nasdaq minimum bid price deficiency notice; 180-day cure period until July 29, 2025
Notice from Nasdaq on Jan 30, 2025 for failure to maintain $1.00 minimum bid price per Nasdaq Listing Rule 5550(a)(2).
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Cellectar reports iopofosine 83.6% ORR in WM; plans confirmatory study for accelerated approval
Iopofosine I 131 achieved 83.6% ORR and 58.2% MRR in Phase 2 CLOVER-WaM for Waldenstrom's Macroglobulinemia; primary endpoint of 20% MRR exceeded.
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Cellectar pivots away from iopofosine I 131 accelerated approval; cuts workforce 60%
Due to FDA Type-C meeting, accelerated approval for iopofosine I 131 would now require randomized confirmatory study with PFS endpoint; company seeking strategic options for this program.
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Cellectar Q3 cash $34.3M; raised $19.4M with potential $73.3M; positive WM data supports NDA
Cash $34.3M at Sept 30, 2024, up from $9.6M at Dec 31, 2023; raised $19.4M from warrant exercises with potential for additional $73.3M.
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Cellectar files revised auditor consent to correct omitted registration statements
Revised auditor consent filed Nov 15, 2024 for Form 10-K/A filed Oct 29, 2024.
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Cellectar regains Nasdaq compliance after filing restated financials and Form 10-Q
Received Nasdaq letter dated Oct 31, 2024 confirming compliance with Listing Rule 5250(c)(1).
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Cellectar to restate financial statements, receives Nasdaq delinquency notice for late Q2 filing
Restating audited FY2022 & FY2023 and unaudited Q1-Q3 2023 & Q1 2024 due to warrant accounting error in Oct 2022 financing.
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Cellectar reports Q2 2024 cash of $25.9M; pivotal WM trial shows 80% ORR, exceeding primary endpoint
Cash and equivalents $25.9M as of June 30, 2024, up from $9.6M at Dec 31, 2023. Net cash used in ops Q2 2024 was $14.1M.
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Cellectar restates 2022-2024 financials; warrant accounting error triggers non-reliance
Board concludes FY2022, FY2023 audited and Q1-Q3 2023, Q1 2024 interim statements are unreliable.
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Cellectar's iopofosine I 131 hits primary endpoint in WM pivotal study; 56.4% MRR
CLOVER WaM study met primary endpoint: MRR 56.4% (95% CI 42-67%) vs 20% agreed target.
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Cellectar raises $19.4M via warrant exercise; new warrants could add $73.3M
Gross proceeds of ~$19.4M from exercise of Tranche B warrants at reduced price of $2.52/share.
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Cellectar Biosciences dismisses Baker Tilly, hires Deloitte; cites material weaknesses
Audit Committee dismissed Baker Tilly and is engaging Deloitte & Touche as independent auditor for FY2024, subject to standard procedures.
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Cellectar Biosciences amends NJ lease, adds 7,829 sq ft, aggregate rent ~$2.5M
Second Amendment of Lease with Campus 100 LLC; total leased area becomes 11,812 sq ft.
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Cellectar stockholders approve increase in share reserve by 7M shares, re-elect directors
Stockholders approved amendment to 2021 Stock Incentive Plan, increasing shares reserved by 7,000,000 (14.5M for, 1.06M against).
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Cellectar Q1 net loss $0.74/share; cash $40M; WM study data in June
Net loss of $21.6M ($0.74/share) in Q1 2024 vs $8.6M ($0.76/share) in Q1 2023; cash $40.0M.
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Cellectar reports FY2023 net loss $38M; plans iopofosine NDA submission H2 2024
Net loss $38.0M ($3.11 per share) vs $28.6M ($4.05) in prior year.
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Cellectar reports share count update after warrant exercises; 30.45M common shares outstanding as of Jan 31, 2024
Common shares outstanding: 30,452,042 as of January 31, 2024, up from prior count due to Tranche A and other warrant exercises since November 2023.
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Cellectar reports full exercise of Tranche A warrants raising $44.1M
Tranche A warrants from September 2023 financing exercised in full.
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Cellectar announces positive pivotal trial data for iopofosine I 131 in WM
CLOVER-WaM study met primary endpoint with 61% major response rate (p<0.0001), exceeding 20% statistical hurdle.
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Cellectar regains Nasdaq compliance via $35M+ market value of listed securities
Nasdaq notified Cellectar on Nov 21, 2023, that it meets the $35M minimum market value of listed securities under Rule 5550(b)(2), resolving the deficiency.
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Cellectar to release top-line WM pivotal data at JP Morgan Conference week of Jan 8, 2024; raises up to $102.9M via PIPE
Top-line data from Waldenstrom's macroglobulinemia pivotal trial to be released week of Jan 8, 2024 at JP Morgan Healthcare Conference.
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Cellectar shareholders approve 10M share increase; Nasdaq OKs compliance plan with Feb 12 deadline
Shareholders approved amendment to increase authorized common stock from 160M to 170M shares at special meeting on Oct 25.
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Cellectar raises $24.5M via private placement of Series E-1 preferred stock and warrants
Raised $24.5M selling 1,225 shares Series E-1 Preferred Stock at $20,000/share plus warrants for additional preferred shares.
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Cellectar Biosciences receives Nasdaq delisting notice over negative stockholders' equity
Stockholders' equity of ($467,004) as of June 30, 2023, below Nasdaq's $2.5M minimum.
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Cellectar Q2 net loss $8.2M; cash $5.2M; WM pivotal data expected 2H23
Net loss ($8.2M, $0.73/sh) vs ($7.4M, $1.22/sh) in Q2 2022; R&D expense $6.3M, up 40% YoY.
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Cellectar stockholders approve 1.1M share increase to stock plan, re-elect directors
Stockholders approved 1,100,000-share increase to 2021 Stock Incentive Plan (3,025,557 for, 389,584 against).
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Cellectar presents iopofosine I 131 MM data: 32% ORR at optimal dose >60 mCi TAD
Overall response rate 23% in 64 evaluable patients; 32% ORR at optimal >60 mCi TAD dose.
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Cellectar Biosciences corrects adjourned annual meeting to virtual, reconvenes June 23
Adjourned 2023 annual meeting reconvenes Friday, June 23, 2023 at 10:00 AM ET via virtual platform.
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Cellectar Biosciences adjourns 2023 annual meeting due to lack of quorum; reconvenes June 23
Annual meeting adjourned on June 14, 2023; insufficient shares present for quorum.
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Cellectar delays WM pivotal trial top-line data to H2 2023; pediatric glioma trial to start Q3
Top-line data from WM CLOVER-WaM trial delayed to H2 2023; 2024 product launch still targeted.
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Cellectar reports Q1 net loss of $8.6M; cash at $12.7M with runway into Q4 2023
Net loss of ($8.6M) or ($0.76)/share vs ($6.1M) or ($1.00)/share in Q1 2022.
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Cellectar FY2022 net loss $28.6M ($4.05/share); cash $19.9M, runs to Q4 2023
Net loss $28.6M ($4.05/share) vs $24.1M ($4.35/share) in 2021.