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.
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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%.
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Received positive pre-IND written feedback from FDA supporting CYC-126 Phase 2 POC study design in treatment-resistant depression (TRD).
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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.
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Entered exclusive worldwide license with MIT for neuropsychiatric technology; upfront payment nominal, milestones up to $4.4M plus low single-digit royalties.
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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.
Materiality & sentiment trend
Max materiality 0.90 · Median 0.53 · Most common event other_material