Jun. 13 at 6:32 AM
$SLS For your reference in case you think about
$SLS BO may happen .
I received
$RGLS documents regarding the BO process , some major date and negotiation process :
1,in March . 2024,
$RGLS , 100 million private placement equity financing , cash runway till 1st half of 2026
2, June. 2024, 3rd cohort , positive readout / Evercore Group L.L.C as financial advisor , looking for potential strategic alternative , partnership or collaboration
3, July, 8, 2024, A company
Sept, Oct. B, C, D & Novartis
4, Jan. 10,2025, A, B, C, D, E, AND Novartis
Jan. 29, 2025, topline data 4th cohort ,
March. 17, A , offer 2.5 +0.75 CVR
March. 28, A , offer 2.5+0.85 CVR
April. 4, Novartis , 3+1.5 CVR
April. 10, another company can offer 4 +3.5 CVR
April. 15, A , 5+5 CVR
April. 16, Novartis, 3.5+3.5 CVR
April. 20, Novartis, 6+6 CVR
April. 27, Novartis, best offer and final 7+7 CVR
From the topline date 4th cohort, Jan. 29, 2025, it took RGLS about 3 months to final best offer