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Longboard Pharmaceuticals Inc - LBPH STOCK NEWS

Welcome to our dedicated news page for Longboard Pharmaceuticals (Ticker: LBPH), a resource for investors and traders seeking the latest updates and insights on Longboard Pharmaceuticals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Longboard Pharmaceuticals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Longboard Pharmaceuticals's position in the market.

Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (LBPH) announces the presentation of Phase 1b/2a clinical data from the PACIFIC Study on bexicaserin at the AAN Annual Meeting and EILAT XVII. The study evaluates the drug in patients with DEEs, showcasing its efficacy and safety.
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-8.39%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH) granted inducement awards to three new employees, offering 99,500 non-qualified stock options. The options have an exercise price of $21.60 per share, vesting over time. This move aims to attract and retain top talent in the company.
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-8.39%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. reports positive topline data from the Phase 1b/2a PACIFIC Study for bexicaserin (LP352) in participants with DEEs, showcasing significant seizure reductions. The company plans to initiate a global Phase 3 program by YE 2024 and expects to present PACIFIC data at medical meetings in Q2 2024. Additionally, the Phase 1 SAD study for LP659 is on track, with financial results indicating a strong cash position after a successful public offering.
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5.05%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (LBPH) granted inducement awards to four new employees in the form of non-qualified stock options. The options allow the purchase of 184,000 shares of Common Stock at an exercise price of $22.18 per share. The options vest over time, with 25% becoming exercisable after one year and the remaining 75% in monthly installments over 36 months.
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0.61%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (LBPH) granted inducement awards to five new employees in the form of non-qualified stock options to purchase 145,475 shares of its common stock. The options were granted on January 31, 2024, with an exercise price of $21.24 per share. Vesting is structured with 25% on the one-year anniversary of employment start date and the remaining 75% in 36 monthly installments, contingent on continued employment. The grants were approved by the Compensation Committee and are in accordance with Nasdaq Listing Rule 5635(c)(4).
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Longboard Pharmaceuticals, Inc. (LBPH) announced that its senior leadership team will present at two investor conferences in February. The company will participate in the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference on February 7, 2024, and the Oppenheimer 34th Annual Healthcare Life Sciences Virtual Conference on February 14, 2024. The presentations will be available via live webcasts on the company's website and will be archived for at least 30 days after the events.
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-0.42%
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Longboard Pharmaceuticals, Inc. (LBPH) announced the closing of its underwritten public offering of 11,500,000 shares of its voting common stock, grossing approximately $241.5 million. The offering was made pursuant to two shelf registration statements on Form S-3, including base prospectuses, previously filed with the SEC. Cantor and Citigroup acted as joint lead book-running managers for the offering.
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-5.77%
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Rhea-AI Summary
Longboard Pharmaceuticals, a clinical-stage biopharmaceutical company (Nasdaq: LBPH), announced the pricing of an upsized underwritten public offering of 10,000,000 shares of its voting common stock at $21.00 per share. The gross proceeds are expected to be $210.0 million. The offering is expected to close on January 8, 2024. Cantor and Citigroup are acting as joint lead book-running managers for the offering. The offering is being made pursuant to two shelf registration statements on Form S-3, including base prospectuses, previously filed with the SEC and declared effective on October 11, 2022 and August 11, 2023, respectively, as well as a related registration statement on Form S-3MEF.
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10.94%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH) has announced a proposed underwritten public offering to issue and sell $150 million of shares of its voting common stock, with a 30-day option to purchase up to an additional approximately $22.5 million of shares. Cantor and Citigroup are acting as joint lead book-running managers for the offering, with Wedbush PacGrow and H.C. Wainwright & Co. as lead managers. The offering is being made pursuant to two shelf registration statements on Form S-3, declared effective on October 11, 2022 and August 11, 2023. A preliminary prospectus supplement will be filed with the SEC and will be available for free on the SEC’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.76%
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Rhea-AI Summary
Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH) announced positive topline data from the PACIFIC Study evaluating bexicaserin (LP352), a potentially best-in-class and highly selective, oral, novel 5-HT2C receptor superagonist for seizures associated with a broad range of Developmental and Epileptic Encephalopathies (DEEs). The study showed a median seizure reduction of 53.3% in countable motor seizures compared to 20.8% in the placebo group across the DEE study population, with favorable safety and tolerability results. Longboard is rapidly moving forward with preparations for its global Phase 3 program.
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Rhea-AI Sentiment
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316.25%
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Longboard Pharmaceuticals Inc

Nasdaq:LBPH

LBPH Rankings

LBPH Stock Data

746.25M
25.54M
1.14%
63.94%
12.74%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States
La Jolla

About LBPH

longboard pharmaceuticals is a team driven to deliver novel, transformational medicines with optimized pharmacology and pharmacokinetics to patients with rare neurological diseases. longboard's proprietary pipeline includes multiple potentially first- or best-in-class programs with broad clinical utility. longboard is evaluating lp352, a next-generation 5-ht2c agonist, in development for the potential treatment of developmental and epileptic encephalopathies, or dees. longboard is also evaluating lp143, a centrally acting, full agonist of the cannabinoid type 2 receptor (cb2), and lp659, a centrally acting, next-generation, highly selective s1p receptor modulator.