Jul. 8 at 9:20 PM
Alto Neuroscience (
$ANRO) reprices exec options to
$2.35 from as high as
$14.88. Board aims to retain talent without dilution, but when even your C-suite's options are underwater, maybe it's time to check the lifeboats. Cash burn continues at
$16M/quarter.
https://www.sec.gov/Archives/edgar/data/1999480/000199948025000061/alto-20250703.htm