Compugen(CGEN) - 2024 Q4 - Annual Report

Exhibit 99.1 FOR IMMEDIATE RELEASE Compugen Reports Fourth Quarter and Full Year 2024 Results In January and February 2025, subsequent to the financial results for the year ended December 31, 2024, a total of approximately 3.96 million shares were sold through the Company's ATM facility contributing net proceeds of approximately $8.87 million (net of $274 thousand commission issuance expenses). Compugen expects that its current cash will be sufficient to fund its operating plans into 2027. The Company has n ...