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eXoZymes (NASDAQ: EXOZ) announced significant leadership changes in its board of directors. Mo Hayat has stepped down as Chairman and President to focus on new ventures at MDB Capital. Edgardo Rayo, who initially discovered the scientific co-founders at UCLA, joins the board representing MDB Capital. Christopher Marlett, current board member and CEO of MDB Capital, will become Chairman.
Michael Heltzen, CEO of eXoZymes, will now also serve as President. The transition follows the company's recent rebranding from Invizyne Technologies and ticker change to 'EXOZ' on February 12, 2025. eXoZymes specializes in AI-engineered enzymes that transform sustainable feedstock into essential chemicals, medicines, and biofuels.
eXoZymes (Nasdaq: EXOZ), a company specializing in AI-engineered enzymes for transforming sustainable feedstock into chemicals, medicines, and biofuels, announced that CEO Michael Heltzen and team members will ring the Nasdaq closing bell on February 19, 2025. This ceremony commemorates their successful IPO, which closed on November 14, 2024, with shares priced at $8 per share.
The bell ringing ceremony will be broadcast live at 3:50 p.m. Eastern Time from the Nasdaq MarketSite Tower in New York City. The company views this milestone as a marker of transition into what they call the 'exozymes era of biotechnology,' following the synthetic biology era.
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