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MTEM News and Press, Molecular Templates Inc. From 07/13/23

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Company Name: Molecular Templates Inc.
Stock Symbol: MTEM
Market: NASDAQ
Website: mtem.com

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MTEM - Molecular Templates launches $40M private placement

2023-07-13 09:09:03 ET Molecular Templates ( NASDAQ: MTEM ) plans to conduct a private placement offering of securities to raise up to $40 million, the company said Thursday. Certain healthcare investors participating in the offering will purchase an initial tranche of $20 mil...

MTEM - Molecular Templates Announces Up to $40 Million Private Placement Offering

AUSTIN, Texas, July 13, 2023 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineer...

MTEM - Molecular Templates Announces Debt Payoff and Restructuring

Restructuring agreement with K2 HealthVentures (K2HV) to fully discharge and satisfy outstanding debt owed to K2HV for the prepayment of $27.5 million and the granting of contingent value rights and warrants Additional reduction-in-force by approximately 44% as it continues to exp...

MTEM - Molecular Templates Announces the FDA Removal of Partial Clinical Hold in the Phase 1 Clinical Trial for MT-0169 and Focuses on Extramedullary Myeloma

AUSTIN, Texas, June 01, 2023 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineer...

MTEM - Molecular Templates to Present on Phase I Dose Escalation Study of MT-6402 at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting

AUSTIN, Texas, May 26, 2023 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineere...

MTEM - Molecular Templates GAAP EPS of $0.19, revenue of $36.6M

2023-05-15 16:59:19 ET Molecular Templates press release ( NASDAQ: MTEM ): Q1 GAAP EPS of $0.19. Revenue of $36.6M (+330.6% Y/Y). For further details see: Molecular Templates GAAP EPS of $0.19, revenue of $36.6M

MTEM - Molecular Templates, Inc. Reports First Quarter 2023 Financial Results and Business Update

Advancing clinical development of MT-6402, MT-8421, and MT-0169, and preclinical activities related to Bristol Myers Squibb collaboration AUSTIN, Texas, May 15, 2023 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM ...

MTEM - Molecular Templates Announces Partial Clinical Hold for Phase 1 Study of MT-0169

AUSTIN, Texas, April 07, 2023 (GLOBE NEWSWIRE) -- Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), today announced that the U.S. Food and Drug Administration (the “FDA”) informed MTEM that it has placed a partial clini...

MTEM - 9 Hot Penny Stocks Under $0.99 To Watch Right Now

2023-04-05 11:48:12 ET What are penny stocks? This is probably a question you’re asking if you’re brand new to the stock market. The basic definition includes stocks trading for less than $5 and are typically associated with smaller start-up companies. However, that doesn ...

MTEM - Molecular Templates GAAP EPS of -$0.39 misses by $0.09, revenue of $2.6M misses by $6.21M

2023-03-31 03:46:54 ET Molecular Templates press release ( NASDAQ: MTEM ): Q4 GAAP EPS of -$0.39 misses by $0.09 . Revenue of $2.6M (-85.6% Y/Y) misses by $6.21M . As of December 31, 2022, MTEM’s cash and investments totaled $61.0M. For further det...

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