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Cyclacel Pharmaceuticals Announces Its Exploration of Potential Strategic Alternatives and Reduction of Operating Costs

Provided By GlobeNewswire

Last update: Dec 5, 2024

BERKELEY HEIGHTS, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; "Cyclacel" or the "Company"), a biopharmaceutical company developing innovative cancer medicines, today announced that it is in the process of exploring and reviewing strategic alternatives on an expedited basis in order to preserve the Company’s cash, including a potential transaction with investor David Lazar of Activist Investing, LLC, which transaction would be subject to the consent of an existing securityholder.

Read more at globenewswire.com

CYCLACEL PHARMACEUTICALS INC

NASDAQ:CYCC (7/15/2025, 10:22:30 AM)

11.24

+7.93 (+239.58%)


CYCLACEL PHARMACEUTICALS - CYCC 6 PERP

NASDAQ:CYCCP (7/15/2025, 10:24:30 AM)

6.2

+1.29 (+26.27%)



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