Apr. 25 at 8:29 AM
$HRTX
With Collard’s sale history, Cusack’s Starboard/M&A background, Rubric/Velan’s activist influence, the 2025 balance-sheet cleanup, the NOL protection plan, and the April 2026 CIC retention amendments across the leadership team, HRTX increasingly looks like a company being positioned for strategic optionality. That could include a sale, merger, asset transaction, or partnership. It does not prove a transaction is imminent, but the probability is clearly higher than in a normal standalone execution story.
