Recent 8-K filings for CYCN
Highest-materiality recent filing
Cyclerion to merge with Korsana in reverse merger; $380M PIPE; CVRs for legacy assets
- Merger: pre-Merger Korsana stockholders own ~1.5% of combined co (pre-PIPE); Cyclerion shareholders ~98.5%.
- $380M PIPE into Korsana led by institutional investors concurrent with merger.
-
Cyclerion to merge with Korsana in reverse merger; $380M PIPE; CVRs for legacy assets
Merger: pre-Merger Korsana stockholders own ~1.5% of combined co (pre-PIPE); Cyclerion shareholders ~98.5%.
-
Received positive pre-IND written feedback from FDA supporting CYC-126 Phase 2 POC study design in treatment-resistant depression (TRD).
-
Cyclerion Therapeutics enters collaboration with Medsteer for CYC-126 anesthetic delivery system
Cyclerion entered a Collaboration and Option Agreement with Medsteer for an anesthetic delivery system for treatment-resistant depression.
-
Cyclerion to receive $1M milestone if Akebia doses first patient in Phase 2 FSGS trial
Akebia announced Phase 2 trial initiation for Praliciguat in FSGS; first patient dosing expected in 2026.
-
Entered exclusive worldwide license with MIT for neuropsychiatric technology; upfront payment nominal, milestones up to $4.4M plus low single-digit royalties.
-
Cyclerion shareholders elect all six director nominees at annual meeting
All six director nominees elected with >1.3M votes for each; broker non-votes 743,285.
-
Cyclerion enters $20M ATM equity distribution agreement with Guggenheim
Entered Sales Agreement with Guggenheim Securities for at-the-market offering of up to $20M of common stock.
-
Cyclerion raises $1.375M in private placement of 499,998 shares at $2.75/sh
Sold 499,998 shares at $2.75 each to insiders Peter Hecht and Michael Higgins.
-
Cyclerion secures $1.75M from praliciguat license amendment, signs olinciguat option deal
Akebia to pay Cyclerion $1.25M by Dec 31, 2024, and $500k by Sep 30, 2025; assumes IP costs after Q1 2025.
-
Cyclerion promotes Regina Graul, Ph.D., to CEO and President
Regina Graul, Ph.D., promoted to CEO, President, and Board member effective August 7, 2024.
-
Cyclerion Therapeutics shareholders re-elect all five directors, ratify Ernst & Young as auditor
Each of five director nominees (De Souza, Hecht, Hyman, Higgins, Katabi) elected with for votes ranging from 1,670,155 to 1,688,966.
-
Cyclerion sets 2024 annual meeting for June 14, 2024; record date April 17, 2024
Annual meeting to be held on June 14, 2024 in virtual format.
Materiality & sentiment trend
Max materiality 0.90 · Median 0.53 · Most common event other_material