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Shattuck Labs Q2 net loss widens to $15.2M; cash $208M; SL-325 Phase 1 positive
Q2 2026 net loss $15.2M ($0.12/sh) vs $12.5M ($0.24/sh) in Q2 2025; R&D $11.7M, G&A $4.5M.
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Shattuck Labs raises ~$86.25M in underwritten public offering of common stock and pre-funded warrants
Offered 10,879,376 shares at $4.00/share and 7,870,624 pre-funded warrants at $3.9999 each.
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SL-325 Phase 1 shows 3.7% ADA, durable DR3 blockade; 96% of warrants exercised for ~$49.3M additional proceeds.
Phase 1: ADA detected in only 3.7% (2/54) of SL-325 recipients; low titer (≤16) with no PK/RO impact.
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Shattuck Labs reports FY2025 net loss $48.8M; SL-325 Ph1 data expected Q2 2026
Net loss for FY2025 was $48.8M ($0.70/diluted share), vs $75.4M ($1.49) in FY2024.
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Shattuck Labs enters $75M ATM equity distribution agreement with Leerink Partners
Entered Sales Agreement with Leerink Partners for at-the-market offering of up to $75M of common stock.
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Shattuck Labs doses first volunteers in Phase 1 trial of SL-325; closes $103M private placement
First participants dosed in Phase 1 trial of SL-325, a DR3 antagonist antibody, in healthy volunteers.
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Shattuck Labs Q3 net loss $10.1M; SL-325 Phase 1 dosing underway; $103M private placement
First participants dosed in Phase 1 trial of SL-325 (DR3 antagonist) in healthy volunteers; SAD/MAD enrollment expected Q2 2026.
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Shattuck closes up to $103M private placement, appoints two new directors, cash runway into 2029
Closed private placement of up to ~$103M led by OrbiMed; net proceeds to fund SL-325 through Phase 2 trials.
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Shattuck Labs Q2 net loss narrows to $12.5M; IND submitted for SL-325 Phase 1, $103M private placement
Net loss of $12.5M ($0.24/sh) vs $21.6M ($0.42/sh) YoY; R&D costs fell to $8.7M from $19.2M.
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Shattuck Labs raises up to $103M in oversubscribed private placement to fund SL-325 Phase 2 trials
Initial $46M gross proceeds from shares/pre-funded warrants; up to $57M additional if common warrants fully exercised.
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Shattuck Labs Q1 net loss $13.7M, cash $60.9M; SL-325 IND filing expected Q3 2025
Net loss of $13.7M ($0.27 per share) for Q1 2025 compared to $18.5M ($0.37 per share) in Q1 2024.
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Shattuck Labs Q4 2024 net loss $18.7M; advances SL-325 DR3 antibody to Phase 1
Cash and investments $73.0M as of Dec 31, 2024; expected to fund operations into 2027.
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Shattuck Labs Q3 net loss $16.7M; shifts focus to SL-325 DR3 antibody; cash runway into 2027
Net loss of $16.7M ($0.33 per share) vs $27.5M in Q3 2023; no revenue (pre-revenue stage).
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Shattuck Labs discontinues SL-172154, cuts 40% workforce, pivots to DR3 antagonist SL-325
Discontinued SL-172154 after interim OS data showed only modest improvement vs azacitidine monotherapy in TP53m AML/HR-MDS.
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Shattuck Labs Q2 net loss $21.5M; SL-172154 shows 67% ORR in HR-MDS trial
Net loss $21.5M ($0.42 per share) vs $21.3M ($0.50 per share) Q2 2023.
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Shattuck Labs reports 67% ORR in HR-MDS, 43% in TP53m AML from SL-172154 Phase 1B
Observed 67% ORR in frontline HR-MDS patients (24 treated), with 42% complete remission rate; median survival not yet reached.
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Shattuck Labs appoints Dr. Clay Siegall and Dr. Kate Sasser to board of directors
Appointments effective March 1, 2024; board now includes two new independent directors.
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Shattuck Labs reports Q4 net loss $17.7M, cash $130.6M; SL-172154 data expected mid-2024; Ono deal up to $227M
Net loss $17.7M (Q4 2023) vs $25.4M (Q4 2022); full-year $87.3M vs $101.9M; cash $130.6M at year-end.
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Shattuck Labs and Ono Pharma collaborate on fusion proteins; upfront $9M, milestones up to $217.5M
Upfront payment plus research milestones total up to $9M; Ono reimburses all research costs.
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Shattuck Labs raises ~$47.5M in public offering and private placement of pre-funded warrants
Public offering of 4,651,163 common shares at $6.45/share; private placement of pre-funded warrants for 3,100,823 shares at $6.4499/warrant.
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Shattuck reports early efficacy for SL-172154 in frontline HR-MDS and TP53m AML
HR-MDS: 5/14 evaluable patients achieved CR; 4 achieved mCR with hematologic improvement.
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Shattuck reports 79% ORR in frontline HR-MDS and 27% CR/CRi in TP53m AML from SL-172154 trial
79% objective response rate (ORR) with 64% complete response (CR)/marrow CR in 14 evaluable frontline HR-MDS patients.
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Shattuck reports Q3 net loss $27.5M; SL-172154 PROC ORR ~27% vs 4% benchmark
Net loss of $27.5M ($0.65/share) for Q3 2023 vs $24.6M ($0.58/share) a year ago.
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Shattuck Labs Q2 net loss $21.3M ($0.50/sh); cash $117.2M; SL-172154 trials advancing
Cash and investments $117.2M at June 30, 2023, down from $214.2M a year earlier; runway through end of 2024.
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Shattuck Labs reports Q4 2022 net loss of $25.4M, discontinues SL-279252 program
Net loss Q4 2022 $25.4M ($0.60/share) vs net income $7.8M in Q4 2021; full-year net loss $101.9M.
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Shattuck Labs Q3 net loss $24.6M; cash $185.1M; SL-172154 trial enrollment complete
Net loss of $24.6M ($0.58/share) vs $17.4M ($0.41/share) in Q3 2021, driven by higher R&D and G&A costs.
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Shattuck Labs reports Q4 net income $7.8M, cash $268.8M; presents initial clinical data for SL-172154 and SL-279252
Q4 2021 net income $7.8M ($0.18 diluted) vs net loss $12.0M in Q4 2020; full year net loss $45.0M vs $36.6M.
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Net loss $17.4M in Q3; cash $290.2M; SL-172154/SL-279252 Phase 1 data; Takeda deal terminated
Net loss $17.4M ($0.41/share) vs $11.8M ($1.54/share) in Q3 2020; cash $290.2M, down from $335.4M.
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Shattuck Labs reports Q2 net loss of $23.6M; pipeline advances with SL-172154 and SL-279252
Net loss $23.6M ($0.56 loss per share) vs $6.2M ($0.81 loss per share) in Q2 2020; revenue negative $4.2M due to Takeda collaboration cost changes.