Why Is Cyclacel Pharmaceuticals (CYCC) Stock Up 46% Today?
CYCCCyclacel(CYCC) InvestorPlace·2024-04-30 19:47

Cyclacel Pharmaceuticals (NASDAQ:CYCC) stock is rocketing higher on Tuesday after the clinical-stage biopharmaceutical company withdrew a proposed public offering. A filing with the Securities and Exchange Commission (SEC) has the company withdrawing its proposed public offering filed in March. Cyclacel Pharmaceuticals notes that it won’t be refunded the filing fees but seeks to have them applied to future filings. Here’s a portion of what the company said in its filing with the SEC withdrawing the offering ...