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Leap Therapeutics Enters $200M Equity Sales Agreement

Story Highlights
  • Cypherpunk Technologies Inc. entered a Controlled Equity Offering with Cantor Fitzgerald & Co.
  • The agreement allows selling up to $200 million in shares, with termination possible upon notice.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leap Therapeutics Enters $200M Equity Sales Agreement

Meet Your ETF AI Analyst

Leap Therapeutics ( (LPTX) ) just unveiled an update.

On November 12, 2025, Cypherpunk Technologies Inc., formerly known as Leap Therapeutics, Inc., entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. This agreement allows the company to offer and sell shares of its common stock, with a total offering price of up to $200 million, through Cantor, acting as principal and/or sales agent. The sales will be conducted under the company’s shelf registration statement and can be terminated by either party with ten business days’ notice.

The most recent analyst rating on (LPTX) stock is a Hold with a $1.25 price target. To see the full list of analyst forecasts on Leap Therapeutics stock, see the LPTX Stock Forecast page.

Spark’s Take on LPTX Stock

According to Spark, TipRanks’ AI Analyst, LPTX is a Underperform.

Leap Therapeutics faces significant financial challenges with persistent losses and no revenue growth, resulting in a low financial performance score. The technical analysis suggests bearish trends with some potential for short-term volatility. The company’s valuation metrics are also unfavorable due to negative earnings. No recent earnings call or corporate events data are available to impact the score further.

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

More about Leap Therapeutics

Average Trading Volume: 3,541,541

Technical Sentiment Signal: Sell

Current Market Cap: $26.03M

For detailed information about LPTX stock, go to TipRanks’ Stock Analysis page.

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