IO Biotech Announces Exploration of Strategic Alternatives
IO Biotech, Inc. (IOBT)
Company Research
Source: GlobeNewswire
NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- IO Biotech (Nasdaq: IOBT), a clinical-stage biopharmaceutical company developing novel, immune-modulatory, off-the-shelf therapeutic cancer vaccines, today announced that the company intends to explore a range of strategic alternatives to maximize stockholder value. Strategic alternatives that may be evaluated include, but are not limited to, a merger, a business combination, a sale of assets or other strategic transaction or a liquidation and dissolution. The company is also evaluating a further reduction-in-force and other efforts to significantly reduce the company’s operating expenses while the company explores a range of strategic alternatives. No timetable has been established for the completion of this process, and the company does not expect to disclose developments unless and until the Board of Directors has concluded that disclosure is appropriate or required. No agreement providing for any transaction has been reached and there
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IOBT
News
- IO Biotech Provides Corporate Update [Yahoo! Finance]Yahoo! Finance
- IO Biotech Provides Corporate UpdateGlobeNewswire
- IO Biotech (NASDAQ:IOBT) was given a new $0.50 price target on by analysts at Piper Sandler.MarketBeat
- IO Biotech (NASDAQ:IOBT) was downgraded by analysts at Piper Sandler from an "overweight" rating to a "neutral" rating.MarketBeat
- IO Biotech (NASDAQ:IOBT) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=IOBT&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a>MarketBeat
IOBT
Sec Filings
- 1/30/26 - Form 8-K
- 1/23/26 - Form SCHEDULE
- 1/21/26 - Form 8-K
- IOBT's page on the SEC website