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• $125 Million in Gross Proceeds: Neurogene (NASDAQ: NGNE) expects roughly $125 million in gross proceeds before fees and any over-allotment exercise.
• $600 Million Offering Size: Abivax (NASDAQ: ABVX) initiated a registered public offering of ADSs totaling roughly $600 million, or about €527 million.
• Up to $8.8 Million Deal: Cadrenal Therapeutics (NASDAQ: CVKD) signed a private placement of up to $8.8 million with a single healthcare-focused institutional investor.
• NYSE American Deficiency Notice: Matinas BioPharma (NYSE American: MTNB) received a June 24, 2026 notice of a continued-listing deficiency.
• All Proposals Adopted: NewcelX (NASDAQ: PUBT) shareholders voted to adopt the full suite of proposals submitted by the board.
• Two Forces at Play: Biotech sessions often pit clinical progress against capital raises, and both moved together in the latest tape.
• Muscle Loss Concern: Rapid weight loss from GLP-1 drugs can strip muscle alongside fat, creating a recognized clinical problem.
• Primary Safety Endpoint Met: Can-Fite BioPharma (NYSE: CANF) said its Phase 2a study of Namodenoson in advanced pancreatic ductal adenocarcinoma achieved its primary safety endpoint.
• Four Molecules Identified: PMGC Holdings (NASDAQ: ELAB), through NorthStrive, said four small molecules boosted ANT1 expression in human skeletal muscle cells.
Oscar Health (NYSE: OSCR) — Strong Breakout Signals Continued Bullish Momentum as Buyers Push Toward New Highs
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