Welcome to our dedicated page for Hemostemix news (Ticker: HMTXF), a resource for investors and traders seeking the latest updates and insights on Hemostemix stock.
Hemostemix Inc. (HMTXF) is a clinical-stage biotechnology leader advancing autologous stem cell therapies for cardiovascular and degenerative conditions. This page aggregates all official announcements, trial updates, and strategic developments directly from the company and verified sources.
Investors and researchers will find timely updates on clinical progress, regulatory milestones, manufacturing innovations, and partnership announcements. Key focus areas include advancements in the company’s patented Automated Cell Therapy System (ACTS), trial results for peripheral arterial disease treatments, and global expansion initiatives across North American and European markets.
Content is curated to provide actionable insights with no-option patient treatment developments, peer-reviewed study references, and financial disclosures. Bookmark this page or check regularly to stay informed about Hemostemix’s progress in delivering evidence-based regenerative therapies through its proprietary blood-derived cell platform.
Hemostemix has closed the first tranche of its private placement, raising $1.8 million through the issuance of 36.8 million Units at $0.05 per Unit. Each Unit includes one common share and one warrant exercisable at $0.12 for 24 months. The company paid finder fees of $88,660 and issued 1.7 million finder's options. Additionally, the company granted 3.7 million stock options to directors, officers, employees, and consultants at $0.10 per share, expiring October 31, 2029. The company will also issue 4.1 million shares at $0.10 per share to satisfy $408,547 in convertible debenture interest.
Hemostemix Inc. (TSXV: HEM) (OTC Pink: HMTXF) (FSE: 2VF0) has announced a private placement to raise up to $4,000,000 through the sale of Common Shares and Units at $0.05 each. Each Unit comprises one Common Share and one Warrant, allowing the holder to acquire an additional Common Share at $0.12 within 24 months of closing. The Warrants include an accelerated expiry provision if the stock price reaches or exceeds $0.15 for 10 consecutive trading days after four months from closing.
The company may involve directors in the private placement, which would be considered a 'related party transaction' under MI 61-101. Hemostemix is utilizing exemptions from formal valuation and minority shareholder approval requirements. All securities issued will be subject to a four-month hold period from the closing date.
Hemostemix Inc. (TSXV: HEM) (OTC Pink: HMTXF) has signed a funded Manufacturing Services Agreement with CytoImmune Therapeutics to restart production of ACP-01, a stem cell therapy for cardiovascular diseases. The agreement is funded by issuing 30,140,000 common shares of Hemostemix at $0.05 each to CytoImmune. It covers the production of the first 22 ACP-01 therapies, which Hemostemix will sell for $1,100,000 ($50,000 each).
The companies aim to produce the first ACP-01 therapy by Q1 2025. Hemostemix expects to generate substantial cash flow from treating 480 no-option patients annually. The company is also closing a private placement of up to $2,000,000 from the sale of 40 Million Units at $0.05 each, with proceeds used for sales, marketing, and working capital.
Hemostemix announced it has been granted the trademark 'Your Fountain of Youth' by the Swiss Trademark Office, a significant milestone for the company's intellectual property portfolio.
CEO Thomas Smeenk highlighted the positive results from ACP-01, their cardiovascular treatment, with a 27% improvement in LVEF% and notable reductions in ulcer size, amputation, and mortality rates in clinical trials.
Additionally, Hemostemix will make a 2023 interest payment of $226,688.25 to debenture holders via 2,229,616 shares at $0.101671 per share, subject to regulatory approval and a four-month hold period under Canadian securities laws.
Hemostemix announced a strategic partnership with CytoImmune Therapeutics to re-establish ACP-01 production at CytoImmune's facility in Puerto Rico. The company secured $1,800,000 in financing commitments through a private placement at $0.05 per unit. CytoImmune will subscribe for $1,370,000 worth of these units. The partnership aims to scale production of ACP-01, a treatment for chronic limb-threatening ischemia (CLTI), potentially reaching sales of $2 million per month by 2025. Hemostemix's phase II clinical trial showed promising results, with 83% of patients experiencing ulcer healing and pain cessation. The proceeds of the financing will be used for initial batch processing and working capital.
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