AgeX Therapeutics Announces Reduction in Projected Cash Expenditures
AgeX Therapeutics, Inc. (AGE)
Company Research
Source: Business Wire
ALAMEDA, Calif.--(BUSINESS WIRE)--AgeX Therapeutics, Inc. (“AgeX”; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and regeneration, announced that based on a strategic review of its operations, giving consideration to the status of its product development programs, human resources, capital needs and resources, and current conditions in the capital markets resulting from the COVID-19 pandemic, it is initiating staff layoffs, anticipated to affect 12 employees, primarily research and development personnel. The layoffs are expected to be completed on or around May 1, 2020. AgeX expects to pay approximately $105,000 in accrued payroll and unused paid time off and other benefits and expects to recognize approximately $194,800 in restructuring charges in connection with the reduction in staffing, consisting of contractual severance and other employee termination benefits, substantially all of which are expected to be settled in cash.AgeX plans to co
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News
- Serina Therapeutics Announces Completion of Merger with AgeX Therapeutics [Yahoo! Finance]Yahoo! Finance
- AgeX Therapeutics Reports Fourth Quarter and Annual 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- AgeX Therapeutics Reports Fourth Quarter and Annual 2023 Financial ResultsGlobeNewswire
- SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AGE, GRPH, FIXXPR Newswire
- AGEX THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of AgeX Therapeutics, Inc. - AGEBusiness Wire
AGE
Sec Filings
- 3/26/24 - Form SC
- 3/22/24 - Form 10-K
- 3/22/24 - Form 8-K
- AGE's page on the SEC website