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Aptose Biosciences ( (TSE:APS) ) has issued an announcement.
On December 19, 2025, Aptose Biosciences announced it would reschedule a special shareholder meeting, originally set for January 16, 2026, to a later date in January pending final clearance of its proxy statement by the U.S. Securities and Exchange Commission. The meeting is intended to consider a corporate continuance from the Canada Business Corporations Act to the Business Corporations Act (Alberta) and a subsequent plan-of-arrangement acquisition of Aptose by HS North America Ltd., a wholly owned subsidiary of Hanmi Pharmaceutical. An interim order from the Court of King’s Bench of Alberta authorizing the meeting was obtained on December 12, 2025, and Aptose’s board unanimously recommends shareholders vote in favor of the continuance and the acquisition, underscoring the strategic importance of the proposed transaction for the company’s future direction and ownership structure.
The most recent analyst rating on (TSE:APS) stock is a Hold with a C$2.41 price target. To see the full list of analyst forecasts on Aptose Biosciences stock, see the TSE:APS Stock Forecast page.
Spark’s Take on TSE:APS Stock
According to Spark, TipRanks’ AI Analyst, TSE:APS is a Underperform.
Aptose Biosciences faces significant financial distress with no revenue generation and substantial losses. The negative technical indicators and valuation metrics further highlight the stock’s weak position. However, recent corporate events provide a glimmer of hope with potential advancements in AML treatment and strategic partnerships, slightly mitigating the overall risks. The stock remains risky, requiring cautious optimism for future developments.
To see Spark’s full report on TSE:APS stock, click here.
More about Aptose Biosciences
Aptose Biosciences Inc. is a clinical-stage biotechnology company developing precision oncology medicines, with an initial focus on hematologic cancers. Its small-molecule cancer therapeutics are designed for single-agent use and to enhance other anti-cancer regimens without overlapping toxicities, led by tuspetinib, an oral kinase inhibitor in clinical development for relapsed or refractory and newly diagnosed acute myeloid leukemia.
Average Trading Volume: 5,307
Technical Sentiment Signal: Sell
Current Market Cap: C$5.69M
For detailed information about APS stock, go to TipRanks’ Stock Analysis page.