Highest-materiality recent filing
Rallybio to merge with Avenzo Therapeutics; pre-merger Avenzo holders to own ~56.6% of combined co
Avenzo stockholders expected to own ~56.6% of combined co; Rallybio stockholders ~2.8%; new investors in $215M concurrent financing ~40.6% on fully diluted basis.
Rallybio receives $50M termination fee after Candid merger terminates for UCB deal
Candid Therapeutics terminated its merger with Rallybio to enter a Permitted Alternative Agreement with UCB S.A.
Rallybio CMO Steven Ryder departs immediately; severance tied to pending Candid merger
Steven Ryder, M.D., Chief Medical Officer, leaves Rallybio effective March 31, 2026.
Rallybio agrees to reverse merger with Candid; Rallybio holders get ~3.65% of combined firm
Rallybio pre-merger holders expected to own ~3.65% of combined company; Candid holders ~57.55%; financing investors ~38.80% (based on $505.5M raise).
Rallybio announces 1-for-8 reverse stock split effective Feb 6, 2026
Reverse stock split at 1-for-8 ratio approved by shareholders; effective 12:01 a.m. ET on Feb 6, 2026.
Rallybio posts Q3 net income of $16.0M on $20M REV102 sale; RLYB116 data expected Q4 2025
Revenue $0.2M vs $0.3M YoY; R&D expenses fell to $4.1M (from $8.2M); G&A $3.0M (from $4.1M).
Rallybio fails Nasdaq bid price compliance; transfer to Capital Market grants extension to Feb 2026
Nasdaq notified Rallybio on Aug 26, 2025 of transfer to Capital Market; stock continues trading as RLYB.
Rallybio Q2 net loss $9.7M, sells REV102 to Recursion for $25M; RLYB116 data Q3/Q4 2025
Net loss of $9.7M ($0.22/share) vs $16.2M in Q2 2024; revenue $0.2M.
Rallybio sells ENPP1 JV stake to Recursion for up to $25M; cash runway to mid-2027
Upfront equity payment of $7.5M (1,457,952 Recursion shares); potential $12.5M contingent equity and $5M clinical milestone.
Rallybio enters into employment agreement with CMO Steven Ryder; base salary $531,227
Base salary $531,227 per year; target annual bonus of up to 40% of base salary.
Martin W. Mackay elected as Class I director with 23,833,701 for and 3,132,991 against.
Rallybio Q1 net loss $9.4M; discontinues RLYB212, cuts workforce 40%
Net loss $9.4M ($0.21 per share) vs $19.0M ($0.47) in Q1 2024; revenue $0.2M from J&J collaboration.
Rallybio discontinues RLYB212 for FNAIT after Phase 2 PK misses efficacy targets
Phase 2 PK results: RLYB212 concentrations near/ below assay LLoQ, missing minimum target of 3 ng/mL and predicted 6-10 ng/mL.
Rallybio Q4 net loss $11M, cash $65.5M; key trial data readouts in 2025
Q4 2024 net loss $11.0M ($0.25/share) vs $20.2M ($0.50/share) in Q4 2023; full-year loss $57.8M.
Rallybio reduces ATM offering cap from $100M to $9.55M under Sales Agreement with TD Cowen
Amendment reduces aggregate offering price from $100,000,000 to $9,550,000.
Rallybio receives Nasdaq bid price deficiency notice; faces potential delisting
Notice on Feb 24, 2025: closing bid price below $1.00 for 30 consecutive business days.
Rallybio Q3 net loss narrows to $11.5M; RLYB212 Phase 2 to screen in Q4
Net loss $11.5M ($0.26/share) vs $18.4M ($0.45) in Q3 2023; revenue $0.3M from J&J collaboration.
Director Kush Parmar to resign from Rallybio Board effective Oct 31, 2024
Dr. Kush Parmar resigns from the Board and as Chair of the Nominating and Corporate Governance Committee.
Rallybio Q2 net loss $16.2M; cash $88.6M; RLYB212 Phase 2 on track for Q4 2024
Q2 net loss $16.2M ($0.37/share) vs $18.6M ($0.46/share) in Q2 2023.
Rallybio Executive Chairman Martin Mackay to resign employment, stay as Chairman and consultant
Martin Mackay will resign as Executive Chairman and employee effective Dec 31, 2024; no severance paid.
Rallybio shareholders elect four Class III directors and ratify Deloitte as auditor.
Elected Wendy K. Chung, Robert Hopfner, Ronald Hunt, and Hui Liu as Class III directors for terms expiring in 2027.
Rallybio posts Q1 net loss of $19.0M; cash $94.2M; on track for RLYB212 Phase 2 in 2H 2024
Net loss of $19.0M ($0.47 per share) vs $17.3M ($0.43 per share) in Q1 2023.
Rallybio announces J&J collaboration with $0.5M upfront and $6.6M equity for FNAIT
Collaboration with J&J: Rallybio receives $0.5M upfront, up to $3.7M milestones for FNAIT data sharing and awareness.
Rallybio reports Q4 net loss $20.2M, cash $109.9M; workforce cut 45%, Phase 2 RLYB212 on track
Net loss Q4 2023 $20.2M ($0.50/sh); full year loss $74.6M ($1.84/sh).
Rallybio cuts 45% of workforce, extends cash runway to mid-2026
Workforce reduction of 45% (19 positions); expects ~$3.3M in severance charges.
100 mg weekly dose of RLYB116 achieved >93% mean reduction in free C5 at Day 29; >99% reduction 24h post-first dose.
Rallybio reports Q3 2023 net loss of $18.4M ($0.45/share); cash $121.4M, runway into Q1 2025
Net loss of $18.4M, or $0.45 per share, unchanged from Q3 2022 net loss of $18.4M ($0.60 per share).
Rallybio Q2 net loss $18.6M; cash $137.8M; CEO transition to Stephen Uden
Net loss $18.6M ($0.46/sh) vs $17.6M ($0.57/sh) in Q2 2022; R&D expense $13.1M, up from $10.1M.
Rallybio appoints Stephen Uden as CEO effective Aug 1; Martin Mackay becomes Executive Chairman
Stephen Uden, current President and COO, named CEO effective Aug 1, 2023; will also join the Board.
Rallybio shareholders elect three Class II directors and ratify auditor at 2023 annual meeting
Helen Boudreau, Lucian Iancovici, and Christine Nash elected as Class II directors for terms expiring 2025.
Rallybio Q1 net loss $17.3M; cash $150.4M; RLYB212 data expected Q4 2023
Net loss $17.3M ($0.43 per share) vs $14.5M ($0.48) in Q1 2022.
Rallybio reports FY2022 net loss of $66.7M; RLYB212 achieves proof-of-concept in Phase 1b
Net loss for FY2022 was $66.7M ($2.09/share) vs $47.0M ($1.84/share) in 2021; Q4 loss $16.2M.
Rallybio appoints Jonathan Lieber as CFO; co-founder Fryer departs Feb 15
Jonathan Lieber appointed CFO effective Feb 1, 2023; most recently CFO of AGTC.
Underwriters partially exercise overallotment option, purchasing 803,654 shares at $6.00
Underwriters purchased 803,654 additional shares at $6.00 per share, less discounts and commissions.
Offering of 5,000,001 shares of common stock at $6.00 per share and pre-funded warrants for 3,333,388 shares at $5.9999 each.
Rallybio Q3 net loss widens to $18.4M; positive RLYB116 Phase 1 data with >99% C5 reduction
Net loss $18.4M for Q3 2022, vs $10.2M for Q3 2021; net loss per share $0.60.
Rallybio: RLYB212 Phase 1b rapidly eliminates HPA-1a platelets; proof-of-concept data Q1 2023
RLYB212 showed >90% reduction in mean platelet elimination half-life vs placebo in Phase 1b.
Rallybio Q2 net loss $17.6M; Phase 1b RLYB212 shows platelet elimination; CFO to retire
Net loss $17.6M ($0.57/share) vs $11.1M ($0.49) in Q2 2021 on higher R&D and G&A expenses.
Rallybio appoints Wendy K. Chung, M.D., Ph.D., to its Board of Directors
Board size increased from 9 to 10; Dr. Chung fills newly created vacancy effective Aug 1, 2022.
Rallybio CFO Jeff Fryer to retire; external search for successor initiated
Co-founder and CFO Jeff Fryer will retire; he will stay until a replacement is appointed.
Rallybio annual meeting elects three Class I directors, ratifies Deloitte as auditor
Martin W. Mackay elected with 16,028,966 votes for, 297,302 withheld, 1,720,648 broker non-votes.
Rallybio in-licenses RLYB331 from Sanofi; Q1 net loss $14.5M, cash $161.4M
Exclusive worldwide license from Sanofi for preclinical anti-MTP-2 antibody RLYB331; upfront $3M, up to $43M development & $150M commercial milestones.
Rallybio appoints Christine Nash and Hui Liu to board; Shannon to resign at annual meeting
Board size increased from 8 to 10; Christine Nash and Hui Liu appointed as directors effective April 4, 2022.
Rallybio reports Q4 2021 net loss of $12.4M; cash $175.3M; pipeline updates on RLYB212 and RLYB116
Net loss of $12.4M ($0.42 per share) for Q4 2021; full year net loss $47.0M ($1.84 per share).
Rallybio doses first healthy volunteers in Phase 1 study of RLYB116; data expected H2 2022
First healthy volunteers dosed in Phase 1 study of RLYB116.
Rallybio Q3 net loss $10.2M ($0.37/share); cash $187M; pipeline on track
Net loss $10.2M vs $7.2M in Q3 2020; R&D $5.0M flat; G&A $5.0M up from $1.6M.
Net loss of $11.1M ($2.80 per common unit) for Q2 2021, vs $4.9M in Q2 2020.
Rallybio completes IPO, files amended charter and bylaws on August 2, 2021
Authorized 200M shares of common stock and 50M shares of preferred stock in restated certificate.
On September 16, 2024, Dr. Kush Parmar informed the Board of Directors (the Board) of Rallybio Corporation (Rallybio) that he intends to resign as a member of the Board and as Chair of the Nominating and Corporate Governance Committee of the Board effective October 31, 2024.
On July 23, 2024, Martin Mackay, Ph.D., informed the Board of Directors (the Board) of Rallybio Corporation (Rallybio) that he will resign his Executive Chairman role and his employment with Rallybio, effective December 31, 2024.
On June 28, 2023, the Board of Directors (the Board) of Rallybio Corporation (Rallybio) appointed Stephen Uden, M.D., Rallybio’s President, Chief Operating Officer and Co-Founder since January 2018, to Chief Executive Officer, effective August 1, 2023.
Dr. Mackay, who has served as Chief Executive Officer and Chairman of the Board since 2018, has been appointed to Executive Chairman, effective August 1, 2023.
On January 31, 2023, the Board of Directors (the Board) of Rallybio Corporation (Rallybio) appointed Jonathan I. Lieber as Chief Financial Officer and Treasurer, effective February 1, 2023.
the Board increased its size from nine directors to ten directors and appointed Wendy K. Chung, M.D., Ph.D. to serve as a director to fill the newly created vacancy, effective August 1, 2022.
On June 2, 2022, Rallybio Corporation (Rallybio) announced that Jeffrey M. Fryer will retire as Rallybio’s Chief Financial Officer (CFO).
appointed Christine A. Nash and Hui Liu, Ph.D., each to serve as a director to fill the newly created vacancies, effective April 4, 2022.
appointed Christine A. Nash and Hui Liu, Ph.D., each to serve as a director to fill the newly created vacancies, effective April 4, 2022.
Timothy Shannon notified Rallybio that he would resign from the Board, effective at Rallybio’s 2022 annual meeting of shareholders.
Max materiality 0.90 · Median 0.60 · Most common event earnings