tiprankstipranks
Company Announcements

MaxCyte Expands Stock Capital with New Issuance

Story Highlights
MaxCyte Expands Stock Capital with New Issuance

An update from MaxCyte ( (MXCT) ) is now available.

MaxCyte, Inc. announced the issuance of 112,986 shares of common stock as part of its block admission facility, following the exercise of share options and vesting of restricted stock units. This brings the total issued stock capital to 105,958,833 shares, which shareholders can use to calculate their stock interests. This move reflects MaxCyte’s ongoing efforts to support its growth and maintain its position in the cell-based therapeutics market.

More about MaxCyte

MaxCyte, Inc. is a leading company in the cell engineering industry, specializing in platform technologies that advance the discovery, development, and commercialization of next-generation cell-based therapeutics. Their ExPERT™ platform, which utilizes Flow Electroporation® technology, supports the growing cell therapy market and includes instruments, processing assemblies, and software protocols. MaxCyte aims to transform human health by providing partners with comprehensive technology and support.

YTD Price Performance: -18.52%

Average Trading Volume: 40,537

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £279.4M

Find detailed analytics on MXCT stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App