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Axsome Therapeutics, Inc. (NASDAQ:AXSM) CEO Sells Company Shares
Financial Modeling Prep· 2025-12-05 06:05
Core Insights - Axsome Therapeutics, Inc. is focused on developing therapies for central nervous system disorders, particularly in treating depression and migraines, highlighting its commitment to addressing unmet medical needs in the healthcare sector [1] Company Developments - On December 4, 2025, CEO Herriot Tabuteau sold 10,558 shares of Axsome's common stock at $148.18 each, retaining 7,229 shares post-sale, indicating continued vested interest in the company's future [2] - Axsome showcased its progress at the Piper Sandler 37th Annual Healthcare Conference, emphasizing its active engagement with the healthcare community and providing a platform to highlight recent developments [3] Market Performance - AXSM's stock is currently priced at $148.04, reflecting a slight increase of 0.16% from the previous session, with fluctuations between a low of $147.56 and a high of $149.59 today [4] - The company's market capitalization stands at approximately $7.46 billion, indicating its substantial size within the biopharmaceutical industry, with a trading volume of 351,301 shares on NASDAQ, showcasing active investor interest [5]
NLS Pharmaceutics Ltd. (NASDAQ:NLSP) Undergoes Significant Transformation with Reverse Stock Split and Merger
Financial Modeling Prep· 2025-10-31 08:02
Core Viewpoint - NLS Pharmaceutics Ltd. has undergone a significant transformation through a reverse stock split and a merger with Kadimastem Ltd., resulting in the formation of NewcelX Ltd. to enhance its focus on developing therapies for central nervous system disorders [1][2][5]. Group 1: Merger and Corporate Changes - The merger between NLS Pharmaceutics and Kadimastem was finalized on October 30, 2025, leading to the creation of NewcelX Ltd., which will trade on the Nasdaq Capital Market under the ticker symbol "NCEL" starting October 31, 2025 [2]. - The reverse stock split executed at a ratio of 10 for 1 is part of a broader strategy to strengthen the company's market position [1][3]. - The traded warrants of the company will be delisted following the merger [3]. Group 2: Financial Performance - Currently, NLSP's stock price is $0.762, reflecting an increase of 2.97% or $0.022, with a trading volume of 30.3 million shares on the NASDAQ exchange [4][5]. - The company's market capitalization stands at approximately $2.4 million, with the stock having traded between a low of $0.76 and a high of $0.83 on the day of reporting [4]. - Over the past year, the stock has reached a high of $47.4 and a low of $0.76 [4].