Peter Harwin
In addition, effective as of May 27, 2026, Peter Harwin resigned from the Board.
Highest-materiality recent filing
Spyre reports positive Phase 2 topline data for SPY002 in ulcerative colitis; met primary endpoint
SPY002 achieved primary endpoint: 10.7-point RHI reduction (p<0.0001) at 12 weeks.
Spyre Q1 net loss $69M; SPY001 hits primary endpoint; cash runway to H2 2029
Net loss of $69.0M in Q1 2026 vs $44.8M in Q1 2025; R&D expenses $60.4M (up from $41.6M).
Spyre Therapeutics raises ~$463.5M in underwritten public offering of 7.475M shares at $62.00/share
Gross proceeds of ~$463.5M from 7.475M shares including full exercise of over-allotment option at $62.00/share.
Spyre SPY001 meets primary endpoint in Phase 2 SKYLINE Part A for UC; 40% clinical remission
SPY001 achieved primary endpoint with RHI reduction of 9.2 points (p<0.0001) at Week 12.
Spyre reports preliminary $741M cash; suspends ATM offering
Preliminary cash, equivalents and marketable securities of $741M as of March 31, 2026.
Spyre appoints CCO, accelerates SPY001 readout to Q2; six proof-of-concept reads expected in 2026
Appointed Kate Tansey Chevlen as CCO; previously Amgen VP, Global Marketing Head for Immunology.
SPY003 Phase 1 interim results show half-life of ~85 days, supporting potential quarterly or twice annual maintenance dosing.
Spyre Therapeutics raises ~$316M in public offering of 17M shares at $18.50
Sold 14,864,865 shares at $18.50; underwriters exercised option for 2,229,729 additional shares.
Spyre Q2 net loss $36.7M; cash $526.6M; initiates Phase 2 SKYLINE-UC; TL1A data positive
Net loss of $36.7M for Q2 2025 ($38.8M in Q2 2024); stock-based compensation $9.4M.
SPY002 and SPY072 well tolerated up to 1500 mg; no serious AEs, no TEAEs >Grade 2, no discontinuations.
Spyre Therapeutics Q1 net loss $44.8M; cash $564.8M; on track for Phase 2 starts mid-2025
Cash, cash equivalents, and marketable securities of $564.8M as of March 31, 2025.
Spyre dismisses PwC as auditor, appoints KPMG; discloses material weakness in controls
PwC dismissed as auditor effective Feb 28, 2025; KPMG appointed as new independent auditor for FY2025.
Spyre reports Q4 2024 net loss of $56.3M; cash $603M; pipeline on track with Phase 2 trials in 2025
Cash, cash equivalents, and marketable securities $603.1M as of Dec 31, 2024; cash runway into H2 2028.
Spyre Therapeutics expands SPY002 into RA; $603M cash runway into H2 2028
Preliminary cash, cash equivalents, and marketable securities of ~$603M as of Dec 31, 2024, funding operations into H2 2028.
Spyre Therapeutics prices $200M public offering of 7.275M shares at $27.50
Offering includes 7,275,000 shares of common stock at $27.50; underwriters have 30-day option for 1,091,250 additional shares.
Spyre Therapeutics restates net loss per share from 2023-2024; material weakness in controls
Restating audited and unaudited financials from Dec 31, 2023 to Sep 30, 2024 due to misapplication of GAAP in EPS calculation for preferred stock.
Spyre reports positive Phase 1 data for SPY001; half-life >90 days, supports Q3M-Q6M dosing
SPY001 half-life >90 days (300mg SC) and >100 days (600mg SC), ~4-fold greater than vedolizumab's 25-day half-life.
Net loss of $69.0M in Q3 2024 (vs $40.1M in Q3 2023); R&D expenses rose to $44.7M from $24.7M.
Spyre accelerates SPY003 (IL-23) to first-in-human Q1 2025; licenses from Paragon for up to $22M
First-in-human dosing of SPY003 (anti-IL-23) now expected Q1 2025; interim data expected H2 2025.
Spyre Q2 net loss narrows to $38.8M; SPY001 Phase 1 dosed, interim data by year-end
Net loss narrowed to $38.8M in Q2 2024 from $217.1M in Q2 2023; cash and securities $426.3M.
Entered exclusive license with Paragon for α4ß7 and TL1A antibodies; up to $22M milestones per program plus low single-digit royalties.
Spyre reports Q1 net loss $43.9M; cash $485M; SPY001 on track for FIH Q2 2024
Net loss of $43.9M for Q1 2024, including $13.8M non-cash stock comp; vs $18.4M loss in Q1 2023.
Spyre Therapeutics announces $180M private placement of convertible preferred stock
Spyre raises ~$180M via PIPE: 121,625 Series B convertible preferred shares at $1,480 each.
Spyre Q4 2023 net loss $63.2M; cash $339.6M; pipeline on track with SPY001 FIH H1 2024
Net loss $63.2M in Q4 2023 vs $18.8M in Q4 2022; cash $339.6M as of Dec 31, 2023.
Spyre raises $180M PIPE via 6M common shares at $15 and 150K Series B convertible preferred
6,000,000 common shares at $15/share and 150,000 Series B preferred shares at $600/share (convertible into 40 common each).
Spyre Therapeutics appoints Cameron Turtle CEO; name change to Spyre, ticker SYRE effective Nov 28
Cameron Turtle, previously COO, appointed CEO and director; $625K base, 55% target bonus, option for 374K shares at $10.39.
Aeglea shareholders approve increase in authorized shares to 400M and preferred conversion
Authorized common shares increased from 20M to 400M via Certificate of Amendment.
Aeglea recasts FY2022 financials for 1-for-25 reverse split; going concern warning persists
1-for-25 reverse stock split effective Sept 8, 2023; authorized shares cut from 500M to 20M.
Aeglea BioTherapeutics Q3 2023 net loss $40.1M; cash $204.9M; IBD pipeline on track
Net loss $40.1M in Q3 2023 vs $18.2M a year ago, reflecting $24.7M R&D (+106% YoY) and $21.8M other expense.
Aeglea appoints Cameron Turtle as PEO; discloses substantial doubt about going concern
Cameron Turtle appointed principal executive officer effective Oct 6, 2023; previously COO since June 2023.
Aeglea regains Nasdaq compliance, enters WuXi Biologics deals, details CFO separation
Regained Nasdaq minimum bid price compliance after 1-for-25 reverse stock split effective Sept 8, 2023.
Aeglea closes Spyre asset acquisition, raises $210M, sells pegzilarginase, reports Q2 loss
Acquired Spyre's IBD pipeline (α4β7 and TL1A) for stock; raised $210M gross via Series A preferred private placement.
Aeglea BioTherapeutics terminates Austin office lease, pays $2M termination fee
Terminated lease for Suites 100, 110, and 150 at 805 Las Cimas Parkway, Austin, TX effective Aug 8, 2023.
Aeglea sells global rights to pegzilarginase to Immedica for $15M upfront + up to $100M milestones
Sold pegzilarginase (for Arginase 1 Deficiency) to Immedica for $15M upfront and up to $100M in milestone payments.
Aeglea BioTherapeutics transfers listing to Nasdaq Capital Market to address bid price deficiency
Received notice of Minimum Bid Price non-compliance on Jan 13, 2023; initial grace period ended July 12, 2023.
Aeglea BioTherapeutics completes acquisition of Spyre Therapeutics, raises $210M in PIPE financing
Aeglea issued 13,013,636 common shares and 364,889 Series A Preferred shares to Spyre stockholders.
In addition, effective as of May 27, 2026, Peter Harwin resigned from the Board.
the board of directors (the “Board”) of the Company appointed Sandra Milligan, M.D., J.D. as a Class III director of the Company and as a member of the Board’s compensation committee and nominating and corporate governance committee, effective immediately.
On February 1, 2024, Alison Lawton resigned from the Board, effective immediately.
On February 1, 2024, the Board appointed Mark McKenna as a Class I director to fill the vacancy resulting from Ms. Lawton’s resignation, effective immediately.
appointed Cameron Turtle, DPhil, as Chief Executive Officer of the Company, effective as of November 22, 2023.
Ivana Magovčević-Liebisch, Ph.D., J.D. and Hunter C. Smith, M.B.A. resigned from the Board.
Ivana Magovčević-Liebisch, Ph.D., J.D. and Hunter C. Smith, M.B.A. resigned from the Board.
On October 6, 2023, the Board of Directors (the “Board”) of Aeglea BioTherapeutics, Inc. (the “Company”) appointed Dr. Cameron Turtle, the Company’s Chief Operating Officer, as the principal executive officer of the Company, effective as of the same day.
On September 5, 2023, the Company filed a Current Report on Form 8-K (the “Report”) to disclose that, effective September 1, 2023, Scott Burrows succeeded Jonathan Alspaugh as the Company’s Chief Financial Officer.
The Report also disclosed the expected transition of Mr. Alspaugh into a strategic advisory consulting role at the Company.
appointed Scott Burrows to succeed Jonathan Alspaugh as the Company’s Chief Financial Officer effective September 1, 2023
On June 21, 2023, the Board approved the appointment of Cameron Turtle, age 33, to Chief Operating Officer of the Company, effective as of the Closing.
Max materiality 0.95 · Median 0.70 · Most common event other_material