Oct. 25 at 5:20 PM
$GALT Hey all. I’ve heard some buzz about a potential buyout, which is why I’m digging into this. But based on the 10-Q for the quarter ended June 30, 2025, and the 2025 Proxy Statement, there’s no hint of a buyout. The financials show a cash balance of
$13.771K and ongoing R&D expenses, while the Proxy focuses on the virtual annual meeting and routine shareholder votes.
Now, regarding the vesting details for those 504,000 RSUs granted to employees: They’ll vest 100% either when the company enters a partnership or by December 31, 2025—whichever comes first! So the filing is suggesting they’re planning for the year-end vesting unless a partnership speeds things up. It’s a great incentive for the crew, but no immediate deal seems on the horizon! Despite that, it seems GLAT is an interesting investment - I´ll put it on my list.
