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Cellectis Reports Results from Shareholders Meeting Held on June 28, 2024

Key Takeaway: Cellectis held its annual shareholders meeting on June 28, 2024, where around 40% of shares were exercised. During the meeting, resolutions 1 through 28 were adopted, while resolution 29 was rejected, aligning with management's recommendations. This outcome reflects shareholder trust in the company's direction and its ongoing efforts in developing cell and gene therapies. More detailed voting results can be found on Cellectis' official website.
Price reaction · baseline $1.86 (2024-06-27 close) · hit after-hours · clean, no other CLLS news in the window
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+0.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Resolutions 1 through 28 were adopted, indicating shareholder support.
  • The meeting was attended by a significant percentage of shareholders (40%).
  • Cellectis continues to advance its gene-editing platform for cancer treatment.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+13%
120-day peak, hindsight
Typical move
4.6%
average across 4 past catalysts
Lead asset
UCART22
Phase 1 · B-cell Acute Lymphoblastic Leukemia

Full Press Release Details

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Cellectis (Euronext Growth: ALCLS; Nasdaq: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, held today a shareholders general meeting at 2:30 p.m. CET at the Biopark auditorium, 11 rue Watt, 4th floor, 75013 Paris, France.
At the meeting, during which approximately 40% of shares were exercised, resolutions 1 through 28 were adopted and resolution 29 was rejected, consistent with the recommendations of the management.
The detailed results of the vote and the resolutions are available on Cellectis’ website: https://www.cellectis.com/en/investors/general-meetings/
Cellectis is a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. Cellectis utilizes an allogeneic approach for CAR-T immunotherapies in oncology, pioneering the concept of off-the-shelf and ready-to-use gene-edited CAR T-cells to treat cancer patients, and a platform to make therapeutic gene editing in hemopoietic stem cells for various diseases. As a clinical-stage biopharmaceutical company with over 24 years of experience and expertise in gene editing, Cellectis is developing life-changing product candidates utilizing TALEN®, its gene editing technology, and PulseAgile, its pioneering electroporation system to harness the power of the immune system in order to treat diseases with unmet medical needs. Cellectis’ headquarters are in Paris, France, with locations in New York, New York and Raleigh, North Carolina. Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS).
For further information on Cellectis, please contact:
Pascalyne Wilson, Director, Communications, +33 (0)7 76 99 14 33, media@cellectis.com
Patricia Sosa Navarro, Chief of Staff to the CEO, +33 (0)7 76 77 46 93
Investor Relations contacts:
Arthur Stril, Interim Chief Financial Officer, +1 (347) 809 5980, investors@cellectis.com
Ashley R. Robinson, LifeSci Advisors, +1 617 430 7577
Cellectis GM June 28, 2024 - PR voting results

Frequently Asked Questions

Where was the Cellectis shareholders' meeting held?

The meeting took place at the Biopark auditorium in Paris, France.

What percentage of shares were exercised during the meeting?

Approximately 40% of shares were exercised during the meeting.

What was the outcome of resolution 29?

Resolution 29 was rejected, following management's recommendations.

What gene editing technology does Cellectis use?

Cellectis utilizes TALEN® for its gene editing technology.

How can I find more details about the voting results?

Detailed voting results are available on Cellectis’ website.

Last updated: Jun 28, 2024