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Coeptis Therapeutics Holdings Inc. reports corporate-status, capital-structure and biotechnology developments associated with the company that became Z Squared Inc. after a completed merger and name change. News tied to COEP includes shareholder voting matters, governance updates, operating and financial results, and material agreements.
The company’s biotechnology-related updates include clinical or regulatory disclosures and licensing activity involving majority-owned SNAP Biosciences, the SNAP-CAR NK cell therapy platform, and oncology applications using small-molecule adaptor technology. Later corporate updates center on capital structure, security-status changes and formal transaction disclosures.
Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) has received a notification from the Nasdaq Hearings Panel granting continued listing on The Nasdaq Stock Market until January 15, 2025. This extension is subject to the company demonstrating compliance with the minimum bid price requirement of $1.00 per share. COEP had previously received a non-compliance notice on January 29, 2024, due to its stock price falling below $1.00 for 30 consecutive business days. The company presented a plan to address this issue, including a potential reverse stock split, to the Panel on September 12th. CEO Dave Mehalick expressed satisfaction with the decision and reaffirmed the company's commitment to regaining compliance and focusing on improving patient outcomes.
Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) has issued a shareholder letter outlining recent updates and strategic vision. Key points include:
1. Completion of Phase 1 clinical trials for DVX201, an allogeneic NK cell therapy, in COVID-19 and AML/MDS patients.
2. Successful capital raise of $5.6 million through Series A preferred stock offering.
3. Expansion of SNAP-CAR technology license to include autoimmune indications.
4. Ongoing development of allogeneic SNAP-CAR NK cells for universal cancer treatment.
5. Presentation of research findings at major scientific conferences.
6. Upcoming Nasdaq compliance hearing on September 12 to address delisting determination.
Coeptis Therapeutics has secured $4.3 million from a Series A Preferred offering led by CJC Investment Trust, helmed by board member Christopher Calise. The Series A Preferred stock is convertible to common stock at $0.40 per share, with investors gaining a 6.45% equity interest in SNAP Biosciences and GEAR Therapeutics, new subsidiaries of Coeptis. Proceeds will repay outstanding obligations, support working capital, and fund general corporate purposes. CEO Dave Mehalick highlighted the financing's timing, aligning with anticipated significant milestones and strengthening the company's balance sheet and growth prospects.
Coeptis Therapeutics Holdings (Nasdaq: COEP), a biopharmaceutical firm, announced that Dr. Colleen Delaney, Chief Scientific and Medical Officer, will present at the Allogeneic Cell Therapies Summit 6th Annual Meeting in Boston from June 10-12, 2024.
Dr. Delaney will deliver two key seminars on June 10: a panel discussion at 4:00 PM on the ideal starting materials for allogeneic products and a session at 5:30 PM on overcoming hurdles in allogeneic cell therapy using pooled donor cord blood CD34+ cells.
The Summit gathers leaders to discuss the future of allogeneic cell therapies, providing Coeptis with a platform to share its progress and innovations, especially with its universal SNAP-CAR technology aimed at reshaping cancer treatment.
Coeptis Therapeutics Holdings, a biopharmaceutical company, will present its innovative universal allogeneic SNAP-CAR NK cell therapy at the ISCT 2024 conference. This therapy has the potential to target multiple antigens, potentially avoiding toxicities and relapse. Coeptis expanded its license agreement for SNAP-CAR to include natural killer cells, aiming to develop a safer and cost-effective cellular therapy. The company's presentation at ISCT 2024 signifies a significant step towards universalizing the treatment of various diseases.
Coeptis Therapeutics Holdings, a biopharmaceutical company, will present data on the development of SNAP-CAR NK cells at the ASGCT Annual Meeting. The Company aims to revolutionize cancer treatment with a universal targeted cell therapy that eliminates the need for HLA matching.
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