Welcome to our dedicated page for NLS Pharmaceutics Ltd. Warrant news (Ticker: NLSPW), a resource for investors and traders seeking the latest updates and insights on NLS Pharmaceutics Ltd. Warrant stock.
NLS Pharmaceutics Ltd is a biopharmaceutical company specialized in the discovery and development of life-improving drug therapies to treat rare and complex CNS disorders. The company focuses on developing therapeutics for neurobehavioral and neurocognitive disorders, with tangible assets held in the United States. Their lead products, Quilience, to treat narcolepsy, and Nolazol, to treat ADHD, are at the forefront of their innovative solutions.
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NLS Pharmaceutics Ltd. (NLSP) received a letter from Nasdaq notifying them of non-compliance with the minimum stockholders' equity requirement. They have 45 days to submit a plan to regain compliance and maintain their listing on the Nasdaq Capital Market.
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NLS Pharmaceutics Ltd. (Nasdaq:NLSP, NLSPW) CEO Issues Letter to Shareholders, reporting on the progress made in 2023, including clinical successes, ongoing business development, leadership appointments, and generating pre-approval, non-dilutive revenues.
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NLS Pharmaceutics Ltd. (NLSP) has entered into an exclusive worldwide option agreement with Aexon Labs, Inc. to acquire global development and commercialization rights to Aexon Labs' Dual Orexin Receptor Agonists platform. The agreement includes a potentially leading next-generation, first-in-class, oral, dual orexin receptor agonist (AEX-2) with expected clinical development in 2024. NLS will pay $30,000 for the option exclusivity and $170,000 upon execution of the definitive agreement to exercise the option. The transaction will be structured as an exclusive worldwide license for the development and commercialization by NLS of the Aexon Labs' compounds and their derivatives, with Aexon Labs receiving 15% of all proceeds earned by NLS in any future sub-licensing agreements. Eric Konofal, MD, PhD, who works under a part-time consulting agreement for NLS as its Chief Scientific Officer, is the president and founder of Aexon Labs, and owns 59% of Aexon Labs. Alexander Zwyer, Chief Executive Officer of NLS, owns 35% of Aexon Labs.
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NLS Pharmaceutics Ltd. (Nasdaq:NLSP, NLSPW) announced the election of Dr. Florence Allouche Aknin and Dr. Claudio Basetti to join its board of directors effective January 1, 2024. The company aims to leverage their expertise in sleep medicine, pharmaceutical innovation, entrepreneurship, and fundraising to develop innovative therapies for patients with rare and complex central nervous system disorders.
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NLS Pharmaceutics Ltd. (NLSP, NLSPW) to present at Oppenheimer Sleep Disorders Summit
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NLS Pharmaceutics Ltd. (Nasdaq:NLSP, NLSPW) announced strategic initiatives to explore new opportunities, including licensing intellectual property, securing bridge financing, and implementing cost reductions. The company aims to maximize shareholder value by diversifying revenue streams and creating lasting value for stakeholders.
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NLS Pharmaceutics has received a notice from Nasdaq stating that it is not in compliance with the minimum bid price requirement. The company has 180 days to regain compliance by maintaining a minimum bid price of $1.00 per share.
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NLS Pharmaceutics postpones company update due to important developments
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NLS Pharmaceutics to issue important update on strategic discussions and Phase 3 timeline
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NLS Pharmaceutics CEO issues letter to shareholders, highlights progress and future plans
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FAQ
What is the current stock price of NLS Pharmaceutics Ltd. Warrant (NLSPW)?
The current stock price of NLS Pharmaceutics Ltd. Warrant (NLSPW) is $0.0162 as of January 10, 2025.
What is NLS Pharmaceutics Ltd focused on?
NLS Pharmaceutics Ltd specializes in developing life-improving drug therapies for rare and complex CNS disorders, focusing on neurobehavioral and neurocognitive disorders.
What are the lead products of NLS Pharmaceutics Ltd?
The company's lead products are Quilience, used for treating narcolepsy, and Nolazol, designed to address ADHD.
Where are the tangible assets of NLS Pharmaceutics Ltd held?
NLS Pharmaceutics Ltd's tangible assets are based in the United States.
What makes NLS Pharmaceutics Ltd's approach unique?
NLS Pharmaceutics Ltd stands out for its innovative solutions that cater to the unmet medical needs of patients with rare CNS disorders, promising life-improving drug therapies.
What are the key therapeutic areas NLS Pharmaceutics Ltd focuses on?
NLS Pharmaceutics Ltd concentrates on developing therapeutics for neurobehavioral and neurocognitive disorders, aiming to bring impactful treatments to those in need.
NLS Pharmaceutics Ltd. Warrant