Silexion <a href="https://laohu8.com/S/LENZ">Therapeutics</a> reports third quarter net loss of $7.5 million and cash balance of $9.2 million
Silexion Therapeutics Corp. reported a net loss of $7.5 million, or ($10.4) per share, for the nine months ended September 30, 2025, compared to a net loss of $14.8 million, or ($754.9) per share, for the same period in 2024, reflecting a 49.3% decrease. Cash and cash equivalents increased to $9.2 million as of September 30, 2025, from $1.2 million at December 31, 2024. Shareholders' equity improved to $7.0 million from a capital deficiency of $4.0 million at the end of 2024. The company completed a public offering and received proceeds from warrant exercises totaling approximately $9.5 million during the third quarter. Silexion regained full compliance with Nasdaq listing requirements in September 2025. Business developments included new preclinical data for SIL204 and preparations for Phase 2/3 clinical trial initiation in the first half of 2026, with ongoing regulatory submissions in Israel and the EU.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silexion Therapeutics Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-003756), on November 12, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.