tiprankstipranks
ImmunityBio’s FDA Approval and Planned Equity Expansion
Company Announcements

ImmunityBio’s FDA Approval and Planned Equity Expansion

ImmunityBio (IBRX) has provided an announcement.

ImmunityBio, Inc. recently announced that the FDA approved its Anktiva® drug for a specific type of bladder cancer, signaling a potential breakthrough in treatment options. Additionally, the company is contemplating a significant expansion of its 2015 Equity Incentive Plan, proposing to increase the authorized shares for issuance by nearly 20 million, a decision pending stockholder vote at the upcoming annual meeting. This news could influence the company’s stock performance, as it reflects both a critical regulatory milestone and a strategic corporate development.

See more insights into IBRX stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyLargest borrow rate increases among liquid names
TheFlyLargest borrow rate increases among liquid names
TheFlyLargest borrow rate increases among liquid names
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!