Nov. 12 at 1:35 PM
$INDP Q3 Financial results and corporate update
https://www.globenewswire.com/news-release/2025/11/12/3186262/0/en/Indaptus-Therapeutics-Reports-Third-Quarter-2025-Financial-Results-and-Provides-Corporate-Update.html
• Completed the Safety Lead-In cohort, dosing six evaluable participants with the combination of Decoy20 and tislelizumab.
• July 2025, completed conversion of the promissory notes, that were issued in June 2025 for
$5.7 million, into common stock, pre-funded warrants and warrants.
• September 2025, strengthened balance sheet with
$2.3 million raised through at-the-market facility.
• As of September 30, the Company had cash and cash equivalents of approximately
$5.8 million. The Company expects that its current cash and cash equivalents will support ongoing operating activities into the first quarter of 2026.