Notable Labs Announces Filing Of Form 10-Q For Q3 2023; As Of October 31, 2023, The Post-Merger Company, Notable Labs, Ltd, Had Cash And Cash Equivalents Of $14.3M
Portfolio Pulse from Benzinga Newsdesk
Notable Labs, Ltd. (NASDAQ:NTBL) filed its Q3 2023 Form 10-Q, reporting financial results for the period ended September 30, 2023. The report includes pre-merger financials of VBL Therapeutics. Post-merger, Notable Labs had $14.3M in cash and equivalents as of October 31, 2023. The company, now trading under NTBL, is advancing its PPMP platform and cancer therapies, including Volasertib for AML. Additional financial details will be provided in a Form 8-K later in November. Phase 2a trial results for Fosciclopirox in AML patients are expected before the end of 2023.
November 14, 2023 | 10:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Notable Labs, Ltd. filed its Q3 2023 financial report and announced $14.3M in cash post-merger. The company is advancing its cancer treatment platform and expects Phase 2a trial results soon.
The filing of the Q3 financial report and the announcement of a healthy cash position post-merger are positive indicators for Notable Labs. The advancement of its cancer treatment platform and the anticipation of Phase 2a trial results could generate investor interest and potentially increase the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100