Feb. 3 at 6:38 PM
$AGEN Someone is loading up!
why would Ligand do this ? WHy help agenus out unless they know what they are releasing is going to help agenus move P3 forward and faster along with a chance to send the stock price up to 7.50 or more No other reason for them to do it.
On January 3, 2026, Agenus Inc. (the “Company”), Agenus Royalty Fund, LLC and Agenus Holdings 2024, LLC entered into an amendment and release agreement (the “Amendment Agreement”) with Ligand Pharmaceuticals Incorporated (“Ligand”) related to a Purchase and Sale Agreement and related Warrant each previously disclosed in the Company’s Current Report on Form 8-K filed with the SEC on May 7, 2024. "The Amendment Agreement provides for a release by Ligand of liens it has on certain of the Company’s assets" in exchange for a modification of the exercise price under the warrant from
$17.30 per share to
$7.50 per share.
