HCWB
HCW Biologics Inc.1.7800
-0.0860-4.61%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
4.81MP/E (TTM)
-Basic EPS (TTM)
-13.81Dividend Yield
0%Recent Filings
8-K
Regains Nasdaq compliance
8-K
HCWB prices $1.5M unit offering
HCW Biologics priced a $1.5M follow-on offering of 2,477,292 units at $0.6055 each—common shares or pre-funded warrants plus common warrants exercisable post-shareholder approval. Closed February 19, 2026, with Maxim Group as agent. Deal includes push to cut existing warrants' price from $2.41, yet approval's no sure thing.
8-K
HCW licenses HCW11-006 to JV
HCW Biologics licensed exclusive worldwide rights to HCW11-006 for in vivo applications to new JV Trimmune, with WY Biotech, grabbing a $3.5M upfront cash fee and $3.5M co-founder equity. Trimmune, backed by CITIC and TigerMed, starts Phase 1 in China for solid tumors by H1 2027; HCW retains royalty-free Americas opt-in post-trial. Cash now, milestones later.
8-K
HCW regains Nasdaq compliance
HCW Biologics tackled its Nasdaq equity deficiency with a $3.8M warrant inducement on November 19, 2025, $363,858 from its equity line, and a December 30 settlement slashing $7.4M legal fees to $2.0M cash plus contingent note—yielding ~$5.4M equity boost. These moves pushed stockholders' equity over $2.5M by year-end, meeting the Equity Rule before the December 31 deadline. Nasdaq confirmation pending.
8-K
Warrant inducement yields $4M
HCW Biologics induced a single institutional investor to exercise 1,510,205 existing warrants at a reduced $2.66 per share, netting ~$4.0M gross proceeds before fees. In exchange, it issued new warrants for 3,020,410 shares at $2.41, exercisable immediately through mid-2031. Cash bolsters runway, but doubles potential dilution. Deal closed November 20, 2025.
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