VCNX stock icon

Vaccinex
VCNX
Market cap $6.63M

2.55 USD
-0.27
9.57%
At close Oct 4, 4:00 PM EDT
After hours
2.48
-0.07
2.75%
1 day
-9.57%
5 days
-29.56%
1 month
-54.71%
3 months
-62.22%
6 months
-63.73%
Year to date
-75.83%
1 year
-83.44%
5 years
-99.81%
 

About: Vaccinex Inc is pioneering a differentiated approach to treating cancer and slowly progressive neurodegenerative diseases through the inhibition of semaphorin 4D (SEMA4D). The company's lead drug candidate, pepinemab, blocks SEMA4D, a potent biological effector that it believes prevents immune infiltration into tumors and triggers inflammation in chronic diseases of the brain. Pepinemab is being evaluated in a Phase 1b/2 study in recurrent or metastatic head and neck cancer and in a Phase 1/2a study in Alzheimer's Disease, with ongoing exploration of potential Phase 3 development in Huntington's disease. The firm has also developed a proprietary drug discovery platform, ActivMAb.

Employees: 40

0
Funds holding %
of 6,728 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

7.28% less ownership

Funds ownership: 27.67% [Q1] → 20.39% (-7.28%) [Q2]

8% less funds holding

Funds holding: 12 [Q1] → 11 (-1) [Q2]

25% less capital invested

Capital invested by funds: $2.4M [Q1] → $1.81M (-$591K) [Q2]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

Research analyst outlook

We haven’t received any recent analyst ratings for VCNX.

Financial journalist opinion

Neutral
GlobeNewsWire
7 months ago
Vaccinex Announces Pricing of $3.7 Million PIPE Financing
ROCHESTER, N.Y., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Vaccinex, Inc. (Nasdaq: VCNX) (“Vaccinex” or the “Company”), a clinical-stage biotechnology company pioneering a differentiated approach to treating neurodegenerative disease by blocking astrogliosis and neuroinflammation through the inhibition of SEMA4D, today announced it has priced a $3.7 million private placement transaction with a lead investment from a major new investor alongside significant participation from existing investors, including entities affiliated with the Chairman of the Company's Board of Directors and the Company's Chief Executive Officer. The securities purchase agreement for the financing provides for the sale of an aggregate of 3,838,544 shares of the Company's common stock (and 1,265,078 common stock equivalents in lieu of common stock) together with common warrants to purchase up to an equal number (5,103,622) of shares of common stock. The shares and warrants are being sold at a combined purchase price per share and warrant of $0.725. The common warrants will have an exercise price of $1.00 per share. The common warrants will be immediately exercisable and will expire five years from the initial exercise date, provided, however, that the Company may call the warrants within 120 days after reporting specified positive topline data in the Company's ongoing SIGNAL-AD phase 1/2a clinical trial of its lead drug candidate, pepinemab, in Alzheimer's disease.
Vaccinex Announces Pricing of $3.7 Million PIPE Financing
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