Cyclerion Therapeutics Inc (CYCN) News

CYCN...$3.24...🥳... https://schrts.co/BZqjIquT ...Float in 2 Million range...CAMBRIDGE, Mass., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Cyclerion Therapeutics, Inc. (Nasdaq: CYCN), today announced an update on its progress in catalyzing the Company’s next stage of growth. The Company is leveraging its legacy soluble guanylate cyclase (sGC) stimulator assets to generate near-term revenues which will be used to implement its strategic building plan without near-term dilution.

“These agreements demonstrate Cyclerion’s progress in maximizing its legacy asset value while redirecting resources toward acquiring potential new assets,” said Regina Graul, Ph.D., President and Chief Executive Officer of Cyclerion. “These newly finalized agreements, combined with our significant reduction of operating expenses, enable the focused use of our capital to support our anticipated pipeline build in the central nervous system (CNS) space. Concurrently, we plan to raise capital, as needed, to fund our product plans to create value for shareholders and patients.” Graul continued, “Cyclerion’s diligence team, comprised of committed external experts in their respective fields, is currently in advanced stages of conducting promising asset evaluations, which we believe have the potential to be the new foundation for Cyclerion.”

Cyclerion and Akebia have re-negotiated a mutually beneficial amendment to their exclusive license agreement for praliciguat, a systemic sGC stimulator. Under the new license amendment with Akebia, Cyclerion will receive $1.75 million in upfront and near-term payments. In addition, Akebia will assume responsibility for all intellectual property expenses associated with praliciguat after Q1 2025. In 2021, Akebia paid a $3.0 million upfront payment to the Company upon signing of the license agreement, and the Company is eligible to receive additional milestone cash payments of up to approximately $560 million in total potential future development, regulatory, and commercialization milestone payments for praliciguat. In exchange for a reduction in certain development milestone payments, Cyclerion is eligible to receive certain higher, tiered, sales-based royalties ranging from mid-single-digits to twenty percent.

Cyclerion has also entered into an exclusive license option agreement for its vascular sGC stimulator, olinciguat, with a separate entity, wholly controlled by CVCO Therapeutics, Inc., a clinical stage company focused on microvascular dysfunction in cardiovascular, inflammatory and metabolic disease states. Under the terms of the agreement, the potential partner has exclusive rights to evaluate olinciguat during the option period. During the option period, the grantee has assumed responsibility for all ongoing intellectual property-related expenses associated with olinciguat.

As part of its strategic initiatives, Cyclerion previously announced a definitive agreement for the sale of its CNS assets zagociguat and CY3018 to Tisento Therapeutics in May 2023 for an $8 million cash payment and a 10% equity stake in Tisento. The amended agreement for praliciguat, and if the option for olinciguat is exercised, would represent the likely final steps in the monetization of Cyclerion’s historical portfolio. Cyclerion believes it is well positioned for the next phase in its overall strategy, to bring in new CNS assets to rebuild the pipeline.

That's usually exactly what I do sometimes I'll gamble though and stay in longer like I did today :) good strategy 👍🏼

I just sell the top of the rips buy the dips so long as the trend stays bullish if it goes para after i sell thats ok too

Right on cue lol 

IM still holding from that past.. I'm feeling a pop 29 or 10 in the next hour

Automated wash trading, brazen manipulation of the PPS. The O/S is 2.7M shares, which means that each and every share issued and outstanding has changed hands, on average, over 40 times today. Once they turn their computers off, folks will be trapped with grossly overpriced bags.

I was out at 8.20 on that push for a quick 30%

Gave you green light alert at $4s premarket ..lol on the monthly chart all green with 3 hits the 3rd being today 

mhmm

Got a sale set at 9.70

6.45 here :)

Re loaded at 6.30 halted up back at HOD 8.40

Halted again $8.39

Ec

In at $4.30 out at $7.90 in 15 mins lol 

CYCN Boom

Halted at $6

Rc

CYCN: Could NOT find any PR's nor otherwise NEWS anywhere to support this??? (Just the MM machines & algos???)

Thinking about jumping back in around $5


Ec

CYCN.....................................$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

I’m out

Easy 300%

Ec

$6.43 + 300% going to cash out now 

$5.49'+ 250%

Party over here also $5.05 + 210%

CYCN $4.88 + 200% 

CYCN 2.62 +92% flip out time 

cycn.......................................................https://stockcharts.com/h-sc/ui?s=cycn&p=D&yr=0&mn=2&dy=12&id=p84071410134


...............................nice bounce & volume..................................................

2.49 +'83%

CYCN $2.26 + 70%

CYCN.................................https://stockcharts.com/h-sc/ui?s=CYCN&p=W&b=5&g=0&id=p86431144783

CYCN.................https://stockcharts.com/h-sc/ui?s=CYCN&p=W&b=5&g=0&id=p86431144783

$2.40- $2.65 first line of resistance breaks solid $3.16 next 

Mini pump

It should be five cents. I bid five cents.

CYCN: Closed up by 55% today (Etrade), but no posts here for months.

CYCN with big volume could run to the teens.

Boombaska.

One heck of a run coming here fairly soon. Buy the dip and enjoy the rip. CEO paid $8.50 for shares here.

CYCN: Hey, & "Little Debbie" is still alive and well!! (See her below!! However, NOT quite as 'cute' as she used to be, though.)

LMAO. You're still partying from Friday night. I know a few peps that need your stuff! :)

CYCN: Get ready to PARTY!!! My glorious CYCN HomeBoys, HomeGirls, & straight-up GangBangers!!! I gots the party MUSIC for ya-all, below!!! Who's gonna bring the REFRESHMENTS!!!??? (Hey, Admiral S-L, how about some disruptive, brand-new, very tasty, "Little-Debbie-Cannabis-Infused-Strawberry-Snack-Cakes", Dude!!!???)

Cyclerion's zagociguat gets FDA orphan drug status

Cyclerion's zagociguat gets FDA orphan drug status

funny its a lot more than that now , close to 12x your call, lol

45% layoffs. Bid 25 cents.

I think it should be 5 cents. I bid 5 cents EACH for 100 shares. Five cents is fair.

Bid for some.

CYCN

Bounce back and close the gap.

IS THIS STOCK A SCAM OR WHAT??? I WANT THE TRUTH!!!

IS THIS STOCK A SCAM OR WHAT??? I WANT THE TRUTH!!!

* * $CYCN Video Chart 06-08-2021 * *

Link to Video - click here to watch the technical chart video