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Nomad Power raises $6M via 9% secured note with Streeterville; all assets pledged, subsidiaries guarantee
On Sept. 28, 2026, Nomad Power Solutions sold Streeterville Capital a $6.57M original-principal secured promissory note for $6.0M gross proceeds; OID was $540,000 and transaction fees $30,000.
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Nomad Power closes reverse merger with NOMAD; target flags going-concern doubt, $8.4M 2025 loss
Merger closed July 1, 2026; NOMAD survives as wholly-owned subsidiary; Lixte renamed Nomad Power Solutions (NMAD).
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Lixte completes merger with NOMAD, changes name to Nomad Power Solutions, ticker to NMAD
Merger closed July 1, 2026; NOMAD becomes wholly owned subsidiary of Lixte.
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Lixte issues $6.5M secured note to NOMAD for pending merger
Issued $6.5M secured promissory note to NOMAD in connection with pending merger.
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Lixte Biotechnology to acquire NOMAD Transportable Power Systems, pivoting to energy storage
Consideration: up to 50,500 Series D Convertible Preferred shares ($1,000/sh, convertible at $1.00) plus up to 3M common shares.
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Lixte Biotechnology closes ~$16.6M registered direct offering of common stock and warrants
Gross proceeds of ~$16.6 million from sale of 2,625,362 shares and pre-funded warrants.
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Lixte Biotechnology pivots to AI energy infrastructure; appoints Denham Capital founder to board
Company will seek strategic acquisition partner for clinical-stage pharma/med-tech operations.
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Lixte Biotechnology cancels 500,000 options, awards equal RSUs vesting immediately to CEO, CFO, and directors
CEO Geordan Pursglove: 350,000 options cancelled, 350,000 RSUs awarded; CFO Peter Stazzone: 50,000 each.
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Lixte restructures Liora acquisition; issues 700k shares, $440k cash, Bitcoin/Ethereum for 80% stake
Amended Share Exchange consolidates prior transactions; Lixte acquires 800 of 1,000 Liora shares (80%).
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Lixte expands ovarian cancer trial to 42 patients; expects initial data in H1 2026
Amendment No.2 to collaborative study doubles enrollment from 21 to 42 patients for LB-100 + dostarlimab trial in ovarian clear cell carcinoma.
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Lixte Biotechnology raises $4.3M in registered direct offering; terminates royalty agreement
Gross proceeds ~$4.3M from 1,051,342 Common Units at $4.09/unit; each unit includes one share (or Pre-Funded Warrant) and one Common Warrant (exercise $3.96, 60-month term).
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LIXTE acquires Liora Technologies' proton therapy platform; consideration includes stock, crypto, cash, royalty
Consideration: 2,700 Series C Preferred shares (convertible to 2.7M common), 10.56 BTC + 300 ETH, $440K cash, and 10% royalty on net revenue up to $45M.
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LIXTE makes $2.6M initial cryptocurrency purchase to diversify treasury
Purchased 10.5 Bitcoin and 300 Ethereum for total of $2.6 million.
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Lixte appoints new CFO, two board members; relocates HQ to Boca Raton
Rene Bernards, Regina Brown, Bas van der Baan resigned from Board; CFO Robert Weingarten resigned; all departures amicable.
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LIXTE raises $6.5M, adds new CEO/board members, regains Nasdaq compliance
Completed two financings raising $6.5M gross ($5M private placement + $1.5M registered direct); proceeds for working capital.
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Lixte appoints two new independent directors; CMO resigns effective July 31
Board adds Jason Sawyer and Dr. Michael Holloway as independent directors, designated by Series B Preferred Stock holders.
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LIXTE Biotechnology regains Nasdaq equity compliance after $6.5M capital raise
Received Nasdaq hearings panel notice of compliance with Listing Rule 5550(b)(1) requiring min $2.5M equity.
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Nature publication validates LIXTE's PP2A approach in ovarian and colorectal cancers
Nature study: OCCC patients with PPP2R1A mutations had significantly better overall survival on immunotherapy.
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Lixte Biotechnology closes $1.5M registered direct offering of common stock and pre-funded warrants
Closed registered direct offering of 974,026 shares (or pre-funded warrants) at $1.54 per share for gross proceeds of ~$1.5M.
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Lixte closes $5.0M private placement of common stock, preferred and warrants
Gross proceeds of $5.0M; $4.0M received at closing July 2, 2025; $1.0M due upon SEC registration effectiveness.
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Lixte appoints Geordan Pursglove as CEO, contingent on Nasdaq financing by July 3
Geordan Pursglove appointed CEO and Chairman; Bastiaan van der Baan resigns as CEO, remains President and CSO.
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Nasdaq Panel grants Lixte extension to July 3, 2025 for equity compliance
Lixte received extension from Nasdaq Hearings Panel after April 3 hearing on equity deficiency.
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LIXTE updates LB-100 clinical progress; two new trials started, $1.05M offering completed
First patient dosed in Phase 1b/2 trial combining LB-100 with GSK's dostarlimab for ovarian clear cell carcinoma.
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Lixte Biotechnology relieved of $3.1M funding obligation for Phase 2 sarcoma study
Amendment No. 1 to clinical trial agreement with GEIS relieves Lixte of approx $3,095,000 obligation for randomized Phase 2 portion.
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Lixte adds Northwestern's Lurie Cancer Center as second site for LB-100 + Dostarlimab trial in ovarian clear cell cancer
Lurie Cancer Center (Northwestern University) opened as second clinical site for LB-100 plus GSK's Dostarlimab.
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Lixte Biotechnology fails Nasdaq equity minimum; plans appeal to avoid delisting
Failed to meet Nasdaq's $2.5M stockholders' equity requirement by Feb 18, 2025 extension deadline.
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Lixte Biotechnology enters $1.7M at-the-market sales agreement with WallachBeth Capital
Entered ATM sales agreement to sell up to $1.7M of common stock.
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Lixte Biotechnology gets Nasdaq extension to Feb 18, 2025 to meet equity requirement
Nasdaq notified non-compliance with $2.5M minimum stockholders' equity requirement.
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LIXTE receives USPTO Notice of Allowance for patent covering LB-100 with cancer immunotherapies
U.S. Patent application 16/467,721 titled 'Oxabicycloheptanes for Modulation of Immune Response' allowed.
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Lixte dosed first patient with LB-100 in new colorectal cancer trial with NKI and Roche support
Dosed first patient in clinical trial NCT06012734 for MSI Low metastatic colorectal cancer.
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Lixte Biotechnology receives Nasdaq deficiency notice for stockholders' equity requirement
Received Notice from Nasdaq on August 19, 2024 for non-compliance with Listing Rule 5550(b)(1) requiring minimum $2,500,000 stockholders' equity.
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LIXTE reports Roche-backed trial, new CMO, and SCLC trial termination
New clinical trial with Netherlands Cancer Institute, supported by Roche, testing LB-100 + atezolizumab in metastatic colorectal cancer.