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0 0 0.000133636242148939 -0.00494454095950809 0.00146999866363757 0.00668181210744354 0.00334090605372177 0.00948817319256993
Stock impact report

MoonLake Secures up to $500 Million in Non-Dilutive Financing from Hercules Capital and Announces a Capital Markets Update on April 29 to Provide Important Clinical Updates [Yahoo! Finance...

MoonLake Immunotherapeutics - Class A Ordinary Shares (MLTX) 
Company Research Source: Yahoo! Finance
to shareholders, an attractive cost of capital and low operational and strategic incumbrances, and sets a new standard for the quantum of a nondilutive facility for a development-stage therapeutics company. Facility adds to the $448 million cash position disclosed in previously filed 10-K and provides funding for the next steps of the Company's growth, including the expected launch of sonelokimab in 2027, additional clinical trials and further investments for growth. The Company will hold an in-person and virtual Capital Markets Update on Tuesday, April 29, 2025, in New York, to discuss the Hercules partnership and provide important clinical updates, including the presentation of the baseline characteristics and expected primary endpoint readout date for the Phase 3 VELA program in hidradenitis suppurativa (“HS”), and an earlier-than-expected interim read out of the Phase 2 LEDA study in palmoplantar pustulosis (“PPP”). Zug, Switzerland, April 3, 2025 – MoonLake Immunotherapeuti Show less Read more
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