NeOnc CEO Amir Heshmatpour Adds 80,000 Shares in Open-Market Purchases
The CEO used personal funds for the purchases, and NeOnc issued no shares in connection with the transactions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
NeOnc Technologies Holdings (NTHI) announced that CEO Amir F. Heshmatpour purchased 80,000 shares on the open market on November 5, 6 and 9, 2026. The purchases totaled $269,082, at a weighted average of approximately $3.36 per share. He used personal funds; NeOnc issued no shares. His 2026 open-market purchases total 271,000 shares for approximately $1.11 million.
In the single-arm Phase 2a study of intranasal NEO100 in recurrent IDH1-mutant high-grade glioma, six-month progression-free survival was 48.9% against a prespecified 20% benchmark (p = 0.0047). Median overall survival was 26.1 months. NEO212 completed Phase 1 dose escalation and established a recommended Phase 2 dose. Both programs have data presentations scheduled for November 13. An October memorandum of understanding with the Department of Health – Abu Dhabi covers advancing brain cancer research and exploring clinical trial opportunities, including pediatric oncology.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Major pointNEO100 six-month progression-free survival was 48.9% versus a prespecified 20% benchmark in the single-arm Phase 2a study (p = 0.0047).
- Moderate point. Forward-looking: it has not happened yet and may not happen.Abu Dhabi research agreement aims to advance brain cancer research and explore clinical trial opportunities, including pediatric oncology.
- Minor pointCEO open-market purchases reached 271,000 shares for approximately $1.11 million in 2026.
- Minor pointNEO100 median overall survival was 26.1 months in the recurrent IDH1-mutant high-grade glioma study.
- Minor pointNEO212 completed Phase 1 dose escalation and established a recommended Phase 2 dose.
Negative
- Minor pointAbu Dhabi collaboration remains a memorandum of understanding, with clinical trial opportunities still to be explored.
Details
Market move: NTHI +13.64% vs previous close. insider share purchases
On Nov 10, the day this news came out, the latest delayed price for NTHI is 13.64% above the previous close. Argus tracked a peak move of +19.4% during the session. Our momentum scanner has recorded 26 alerts for this stock so far that day. The latest delayed price is $4.25. Relative volume is very high at 4.2x what this stock usually trades by this time of day.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Shares purchased
- 80,000 shares
- Open-market purchases on November 5, 6 and 9, 2026
- Purchase total
- $269,082
- Based on reported prices for the 80,000-share purchases
- 2026 accumulated purchases
- 271,000 shares
- Open-market purchases across April, May, August, September and November
- Six-month progression-free survival
- 48.9% vs. 20% benchmark; p=0.0047
- Single-arm Phase 2a study of intranasal NEO100
- Median overall survival
- 26.1 months
- Intranasal NEO100 Phase 2a study
Key Terms
sec form 4 regulatory
single-arm medical
phase 2a medical
progression-free survival medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
2026 open-market purchases total 271,000 shares for approximately
CALABASAS, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- NeOnc Technologies Holdings, Inc. (Nasdaq: NTHI), a clinical-stage biopharmaceutical company developing therapies for central nervous system cancers, today announced that Amir F. Heshmatpour, its Executive Chairman, President and Chief Executive Officer, purchased 80,000 shares of NeOnc common stock on the open market on November 5, 6 and 9, 2026. The purchases totaled
Heshmatpour has accumulated 271,000 shares through open-market purchases across April, May, August, September and November 2026, based on his SEC Form 4 filings and the brokerage confirmation for his November 9 purchase. He purchased 191,000 of those shares for approximately
“I’ve invested more than
In the single-arm Phase 2a study of intranasal NEO100 in recurrent IDH1-mutant high-grade glioma, six-month progression-free survival was
About NeOnc Technologies Holdings, Inc.
NeOnc Technologies Holdings, Inc. is a clinical-stage biopharmaceutical company developing therapies for central nervous system cancers. Its investigational programs include intranasal NEO100 and oral NEO212. NEO212 has completed Phase 1 dose escalation and is advancing toward Phase 2 development. NeOnc exclusively licenses a worldwide portfolio of issued patents and pending applications from the University of Southern California related to NEO100, NEO212 and other drug candidates and delivery approaches. For more information, visit https://neonc.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the Company’s clinical development programs, the clinical potential of NEO100 and NEO212, and the presentation of data at the Society for Neuro-Oncology Annual Meeting. These statements reflect current expectations and involve risks and uncertainties. NEO100 is investigational and has not been approved by any regulatory authority; future studies may not demonstrate safety or efficacy; clinical development remains subject to applicable clinical, regulatory and institutional requirements; and no regulatory pathway or marketing approval is assured. NEO212 is also investigational and has not been approved by any regulatory authority. The NEO100 Phase 2a study was a single-arm, open-label study that was not powered as a confirmatory trial. The Company will require substantial additional capital to fund its operations, which may not be available on acceptable terms or at all. Actual results may differ materially. Readers should consider the risk factors described in the Company’s most recent filings with the Securities and Exchange Commission. These statements speak only as of the date of this release. The Company undertakes no obligation to update forward-looking statements except as required by law.
“NEO100” and “NEO212” are registered trademarks of NeOnc Technologies Holdings, Inc.
Contacts
Company Contact:
info@neonc.com
Investor Contact:
Jon Nugent
Jon Nugent Communications
jon@jonnugent.com
205-566-3026
This press release was published by a CLEAR® Verified individual.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much NeOnc stock did Heshmatpour buy after the NEO100 Phase 2a results announcement?
Heshmatpour purchased 191,000 shares for approximately $688,000 following NeOnc’s August 12 announcement of topline Phase 2a results for intranasal NEO100.