tiprankstipranks
Trending News
More News >

BioVaxys Technology Corp. Revokes Cease Trade Order and Settles Debt

Story Highlights
  • BioVaxys Technology Corp. revoked a management cease trade order after completing required financial filings.
  • The company settled a $60,000 debt by issuing 1,200,000 common shares, enhancing financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Protect Your Portfolio Against Market Uncertainty

BioVaxys Technology ( (TSE:BIOV) ) has shared an update.

BioVaxys Technology Corp. announced the revocation of a management cease trade order by the British Columbia Securities Commission following the completion of its required financial filings. Additionally, the company has settled a debt of $60,000 by issuing 1,200,000 common shares, which are subject to a four-month statutory hold period. This development marks a positive step in BioVaxys’s operational transparency and financial management, potentially enhancing its credibility and stability in the biopharmaceutical industry.

More about BioVaxys Technology

BioVaxys Technology Corp. is a clinical-stage biopharmaceutical company based in British Columbia, Canada. It specializes in developing novel immunotherapies using its DPX™ immune-educating technology platform and HapTenix© ‘neoantigen’ tumor cell construct platform. The company focuses on treating cancers, infectious diseases, antigen desensitization, and other immunological fields. Its clinical pipeline includes maveropepimut-S in Phase II for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma and platinum-resistant ovarian cancer, and BVX-0918, a personalized vaccine for late-stage ovarian cancer soon entering Phase I in Spain.

YTD Price Performance: -34.00%

Average Trading Volume: 261,133

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.3M

Learn more about BIOV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App