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Cingulate Inc CEO Shane Schaffer on Administrative Leave

Story Highlights
  • Shane Schaffer was charged with aggravated domestic battery on August 9, 2025.
  • Jennifer Callahan became interim CEO, and John A. Roberts was appointed Executive Chairman on August 14, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cingulate Inc CEO Shane Schaffer on Administrative Leave

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An announcement from Cingulate Inc ( (CING) ) is now available.

On August 9, 2025, Shane Schaffer, CEO and Chairman of Cingulate Inc., was charged with aggravated domestic battery, leading to his administrative leave on August 14, 2025. Subsequently, Jennifer Callahan, the CFO, was appointed as interim CEO, and John A. Roberts was named Executive Chairman to provide operational support, while Jeff Ervin was appointed as Chairman of the Audit Committee.

The most recent analyst rating on (CING) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Cingulate Inc stock, see the CING Stock Forecast page.

Spark’s Take on CING Stock

According to Spark, TipRanks’ AI Analyst, CING is a Neutral.

Cingulate Inc.’s overall stock score is primarily impacted by its poor financial performance, with persistent losses and negative cash flows. However, recent corporate developments, such as securing a grant and progress towards FDA approval, provide a positive outlook. The technical analysis shows neutral momentum, but valuation remains a concern due to financial losses and lack of dividends.

To see Spark’s full report on CING stock, click here.

More about Cingulate Inc

Average Trading Volume: 166,953

Technical Sentiment Signal: Sell

Current Market Cap: $21.25M

Find detailed analytics on CING stock on TipRanks’ Stock Analysis page.

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