

Tevogen Bio
680 posts

@TevogenBio
Specialty immunotherapy biotech developing off-the-shelf precision #Tcell therapeutics in #oncology, #neurology, and #virology. $TVGN





📰 globenewswire.com/news-release/2… Tevogen announced its Board will evaluate a potential one-time special cash dividend, contingent on future revenue and earnings milestones and Board approval. $TVGN @Nasdaq #ShareholderValue #CapitalDiscipline




















📰 globenewswire.com/news-release/2… 🔹Lead investor confirmed his intention to maintain his current shareholdings. 🔹Company does not anticipate using more than 1% of our authorized shares, including placement through the ATM, over the next 12 months or until the company becomes cash-flow positive. 🔹Approximately only one-fifth of total shares outstanding are in the tradable float when accounting for Tevogen’s lead investor, directors and named executive officers. 🔹Company prioritizing long-term stock-based incentive program aligned with company milestones. 🔹Board of Directors continues to evaluate the potential declaration of a one-time special cash dividend to shareholders. 🔹Company continues to evaluate acquisitions that could generate over $50 million in combined annual revenue. 🔹Company exploring avenues to better reflect value of assets. $TVGN







