Low Leverage / Minimal DebtEssentially zero debt materially lowers refinancing and interest rate risk over the next 2-6 months, preserving optionality for trial funding and strategic moves. This structural conservatism improves survival odds during clinical development compared with highly leveraged peers.
Regulatory Clearance To Resume Phase 2Lifting the clinical hold is a durable operational inflection: it removes a regulatory barrier, enables U.S. enrollment at ~20 sites, and preserves the program's timeline toward topline data in Q3 2026. This materially improves the pipeline's realistic path to value creation.
Access To Alternative FinancingAbility to raise capital via exempt private note offerings shows the company can secure non-dilutive or flexible funding channels without public equity issuance. Structurally this can extend runway and reduce reliance on volatile public equity markets during clinical development.