Wave Life Sciences to return $7.2 million government payroll loan [Reuters]
Wave Life Sciences Ltd. - Ordinary Shares (WVE)
Last wave life sciences ltd. - ordinary shares earnings: 3/2 06:45 am
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US:NASDAQ Investor Relations:
ir.wavelifesciences.com/news-releases?page=1%2c0%2c0%2c0
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Source: Reuters
Wave Life Sciences to return $7.2 million government payroll loan NEW YORK (Reuters) - Wave Life Sciences ( WVE.O ) said it will return a $7.2 million loan granted under the Payroll Protection Program (PPP), the latest company to do so following new guidance from the U.S Treasury Department. “We made this decision after the SBA (Small Business Administration) issued new guidance that states, in effect, that public companies are not appropriate recipients of these loans,” a spokeswoman for the biotechnology company said in an emailed statement on Friday. The company initially made the disclosure in a regulatory filing on Thursday, saying it had initiated a repayment of the loan to JPMorgan. U.S. companies on Thursday began refusing government loans they were just awarded, after the Treasury Department updated its guidance.
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WVE
News
- How Much Upside is Left in Wave Life Sciences (WVE)? Wall Street Analysts Think 89.71% [Yahoo! Finance]Yahoo! Finance
- Wave Life Sciences Ltd. (NASDAQ: WVE) had its price target raised by analysts at Royal Bank of Canada from $5.00 to $7.00. They now have a "sector perform" rating on the stock.MarketBeat
- Wave Life Sciences Ltd. (NASDAQ: WVE) had its price target raised by analysts at B. Riley from $11.00 to $19.00. They now have a "buy" rating on the stock.MarketBeat
- Wave Life Sciences Announces Closing of Upsized Public Offering of Ordinary Shares and Pre-Funded Warrants and Full Exercise of Underwriters’ Option to Purchase Additional Shares GlobeNewswire
- Wave Life Sciences to Present at Chardan 8th Annual Genetic Medicines ConferenceGlobeNewswire
WVE
Earnings
- 8/8/24 - Miss
WVE
Sec Filings
- 10/11/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form SC
- WVE's page on the SEC website