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Jasper Therapeutics completes IgAN enrollment for vensobafusp alfa Phase 2; adds FSGS cohort
18 IgAN patients enrolled in stage 1 across 3 cohorts: subcutaneous Q2W (n=6), Q4W (n=6) and Q8W (n=6) maintenance dosing.
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Jasper Therapeutics offers $0.324 cash per warrant to retire 12,345,707 outstanding warrants, ~$4.0M max outlay
Tender offer at $0.324 in cash per warrant, without interest; warrants were issued in Jasper's September 18, 2025 underwritten public offering.
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Jasper Therapeutics holders approve 1-for-15 to 1-for-35 reverse split and share increase to 675M
Proposal 1 approved 21,088,353 to 567,692 (91,820 abstentions): reverse stock split at a ratio of 1-for-15 to 1-for-35, at Board discretion any time on or before December 31, 2026.
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Jasper refiles Kira pro formas: $149M asset deal, $125M IPR&D charge, $132M PIPE nets $125M
Merger closed July 16, 2026: Jasper issued 5,195,009 Kira common shares at $0.774 and 4,644,977 preferred shares, total consideration ~$149.0M including $1.34M deal costs.
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Jasper 8-K/A details Kira merger financials: FY2025 net loss $4.4M, going-concern doubt, $132M preferred financing
Kira reported FY2025 net loss of $4.4M (vs $4.8M in FY2024); R&D expense fell to $0.9M from $2.8M and G&A was $1.5M.
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Jasper Therapeutics CFO Herb Cross resigns Oct 9; CEO Jeet Mahal takes interim PFO role
CFO, principal financial and accounting officer and corporate secretary Herb Cross resigned effective October 9, 2026 to pursue other professional endeavors.
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Jasper Therapeutics receives Nasdaq delisting notice for equity shortfall
On Aug 21, 2026, Nasdaq notified Jasper it fails $2.5M stockholders' equity requirement under Rule 5550(b)(1).
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Jasper Therapeutics Q2 2026 net loss $2.8M; closes Kira acquisition, $132M PIPE
Q2 2026 net loss $2.8M ($0.10/share); cash $7.3M at June 30, 2026.
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Jasper Therapeutics 2026 annual meeting voting results; all proposals approved
Elected Judith Shizuru and Tom Wiggans as Class II directors with ~9.27M and ~9.28M votes for, respectively.
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Jasper Therapeutics confirms CVR terms: $30M milestone if FDA issues Priority Review Voucher for briquilimab by Dec 2028
Each share of common stock as of July 16, 2026 (closing date) receives one CVR.
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Jasper Therapeutics acquires Kira Pharmaceuticals; issues ~9.8M shares and raises $132M PIPE
Jasper issued ~5.2M common shares and ~4.6M convertible preferred shares to Kira shareholders; Kira holders own ~88.73% of pro forma common pre-PIPE.
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Jasper Therapeutics completes all-stock acquisition of Kira Pharmaceuticals and $132M PIPE
Jasper acquires Kira in all-stock deal; pre-deal Jasper holders own ~6.68%, Kira holders ~49.86%, PIPE investors ~43.46% of combined company.
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Jasper Therapeutics receives Nasdaq bid price deficiency notice; 180 days to cure
On June 3, 2026, Nasdaq notified Jasper that its common stock bid price closed below $1.00 for 30 consecutive business days.
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Jasper Therapeutics initiates strategic review including potential sale or wind-down
Board of Directors initiates comprehensive review of strategic alternatives to maximize shareholder value.
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Jasper Therapeutics director Christian Nolet resigns; Svetlana Lucas joins audit committee
Christian Nolet resigned from Board and all committees effective May 15, 2026.
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Jasper Therapeutics Q1 net loss $1.2M; refiles Phase 2b protocol for briquilimab in CSU
Cash and equivalents of $14.1M as of March 31, 2026, with $5.8M R&D and $5.1M G&A expenses.
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Jasper posts Q4 net loss $9.1M; cash $28.7M; appoints new CEO; reports positive CSU/asthma data
Jeet Mahal named President and CEO to lead next phase of clinical growth.
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Jasper reports 67% complete response at week 12 in additional BEACON CSU patients; dose selected for Phase 2b
67% (4/6) of new BEACON briquilimab patients achieved complete response at week 12; mean UAS7 drop of 31 points.
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Jasper Therapeutics appoints COO Jeet Mahal as CEO; Ron Martell steps down, Thomas Wiggans named Executive Chair
Effective Jan 5, 2026, Jeet Mahal becomes CEO and President; he also joins the Board as Class III director.
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Jasper reports positive ETESIAN asthma data; BEACON investigation clears drug product
Single 180mg briquilimab reduced sputum eosinophils from 10.3% to 2.32% at 6 weeks post-allergen challenge.
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Jasper Q3 net loss $18.7M; BEACON investigation finds no drug quality issues; cash $50.9M
Net loss of $18.7M ($1.13 per share); R&D expense $14.4M, G&A $4.8M.
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Jasper Therapeutics prices $30M public offering, updates BEACON CSU investigation progress
Gross proceeds ~$30M from offering of 11.67M shares + warrants at $2.43/share; closing expected Sept 22.
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Jasper Therapeutics Q2 net loss $26.7M; cuts workforce 50%, probes BEACON lot issue
Net loss of $26.7M ($1.74 per share); cash and equivalents $39.5M as of June 30, 2025.
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Jasper Therapeutics cuts workforce ~50%, halts non-urticaria programs; CMO departs
Workforce reduction of ~50% and halting of all non-chronic urticaria programs.
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Jasper reports 89% complete response in single-dose CSU cohorts, but drug lot issue delays Phase 2b to mid-2026
8 of 9 (89%) patients in 240mg and 360mg single-dose cohorts achieved complete response (UAS7=0).
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Jasper Therapeutics shareholders elect directors, ratify PwC, approve say-on-pay
Elected Kurt von Emster, Scott Brun, and Vishal Kapoor as Class I directors with >8.4M votes each.
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Jasper Therapeutics: 92% complete response in 180mg cohort of briquilimab SPOTLIGHT study in CIndU
11 of 12 participants (92%) achieved complete response; 12 of 12 (100%) achieved clinical response within 8-week analysis.
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Jasper Therapeutics Q1 2025 net loss $21.2M; cash $48.8M; briquilimab programs on track
Net loss of $21.2M ($1.41 per share) for Q1 2025; R&D expenses $16.2M, G&A $5.6M.
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Jasper Therapeutics enters $100M ATM equity offering with Jefferies; terminates prior Cantor agreement
Company entered Open Market Sale Agreement with Jefferies LLC to sell up to $100M of common stock.
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Jasper Therapeutics reports FY2024 net loss of $71.3M; briquilimab data positive
Cash and equivalents $71.6M at Dec 31, 2024; net loss $71.3M ($4.89 diluted EPS) for FY2024.
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Jasper reports positive BEACON data: 240mg dose shows UAS7 drop of 26.6, 100% complete response at 8 weeks
Mean UAS7 change of -26.6 at 8 weeks in 240mg single-dose cohort (N=3); all patients achieved Complete Response (UAS7=0).
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Jasper Therapeutics Q3 net loss $18.6M, reports positive CIndU data, discontinues LR-MDS
Net loss $18.6M ($1.24 diluted EPS); cash $92.5M at Sept 30, 2024.
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Jasper reports 93% clinical response rate in SPOTLIGHT study of briquilimab in CIndU
14 of 15 patients (93%) achieved clinical response; 10 of 12 (83%) in 120mg cohort had complete response.
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Jasper Therapeutics appoints Svetlana Lucas to Board; Anna French resigns
Anna French resigned from Board effective June 18, 2024, citing no disagreement with company.
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Jasper Therapeutics stockholders approve 2024 equity plans; amended employment agreements for CEO and other executives
Stockholders voted 10.3M for, 95K against to approve 2024 Equity Incentive Plan.
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Jasper Therapeutics reports FY2023 net loss of $64.5M; cash runway through Q3 2025 on $50M Feb 2024 offering
Net loss for FY2023: $64.5M ($6.18 diluted EPS); Q4 net loss $16.6M ($1.50 diluted EPS).
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Jasper Therapeutics prices $50M underwritten offering of 3.9M shares at $12.95/share
Gross proceeds ~$50M from 3,900,000 shares of common stock at $12.95 per share.
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Jasper Therapeutics effects 1-for-10 reverse stock split to regain Nasdaq compliance
Reverse split effective 12:01 a.m. ET on Jan 4, 2024; shares begin trading split-adjusted same day.
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Jasper Therapeutics announces 1-for-10 reverse stock split effective Jan 4, 2024
Reverse split ratio set at 1-for-10, effective 12:01 a.m. ET on Jan 4, 2024.
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Jasper Therapeutics stockholders approve reverse stock split authorization up to 1-for-10
Reverse split proposal approved with 91,108,798 votes for, 873,917 against, 32,292 abstentions.
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Jasper Therapeutics reports Q3 2023 net loss of $17.5M; highlights IND clearance for briquilimab in CSU
Net loss of $17.5M ($0.16 per share); R&D expenses $14.8M; G&A expenses $4.5M.
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Jasper appoints Thomas G. Wiggans as Chairperson; William Lis to retire in Dec 2023
Thomas G. Wiggans joins Board as Class II director and Chairperson effective Nov 1, 2023.
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Jasper Therapeutics receives Nasdaq bid price deficiency notice; must regain compliance by Apr 15, 2024
Notice from Nasdaq: common stock bid price below $1.00 for 30 consecutive business days.
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Jasper Therapeutics receives FDA IND clearance for Phase 1b/2a study of briquilimab in chronic spontaneous urticaria
FDA cleared IND for Phase 1b/2a repeat dose study of subcutaneous briquilimab in CSU patients.
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Jasper Therapeutics updates corporate presentation as of October 2023; no specific new data disclosed.
Furnished updated corporate presentation under Regulation FD; presentation dated October 2023.
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Jasper Therapeutics appoints Herb Cross as CFO; Jeet Mahal continues as COO
Herb Cross, age 51, appointed CFO and Corporate Secretary effective Sept 22, 2023; prior CFO at Atreca.
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Jasper Therapeutics announces positive Phase 1b data for briquilimab in Fanconi Anemia; all 3 patients engrafted
All three Fanconi Anemia patients treated with briquilimab achieved full donor engraftment and full blood count recovery.
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Jasper Therapeutics Q2 2023 net loss $16.1M; cash $115.8M; first patient dosed in LR-MDS trial
Net loss of $16.1M for Q2 2023 vs $10.4M in Q2 2022; R&D expenses increased to $13.3M from $8.1M.
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Scott Brun, M.D., appointed to Jasper Board as R&D Committee Chair; Klein resigns
Scott Brun, M.D., appointed as Class I director effective June 20, 2023; chairs R&D Committee, serves on Compensation Committee.
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Jasper Therapeutics increases inducement equity plan to 5.5M shares; charter amended for officer exculpation
Compensation Committee approved amendment to 2022 Inducement Plan, increasing shares from 3M to 5.5M (2.5M new shares).