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The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
03 July 2024
CRISM Therapeutics Corporation
(AIM:CRTX)
Response to Movement in Share Price
CRISM Therapeutics Corporation ("CRISM" or the "Company") notes the increase in the Company's share price today and confirms that it is not aware of any specific reason for the increase. The Company's share price has fallen since admission to AIM (Admission) on 31 May 2024, and today's price reversal reflects the Board's underlying view of the value of the business. The Company continues to work on its stated strategy of submitting a Clinical Trial Application in the second half of 2024 for its lead product, ChemoSeed. The Company is also at contract stage to provide services with an early stage UK SME who are seeking to utilise CRISM's drug formulation expertise. The value of that contract would be approximately £230k + VAT. A further announcement will be made in due course.
Enquiries:
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Company |
Nomad and Broker |
Financial PR |
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CRISM Therapeutics Corporation |
S.P. Angel Corporate Finance LLP |
Buchanan |
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Andrew Webb, CEO Chris McConville, CSO |
Richard Morrison Adam Cowl |
Mark Court [email protected] Jamie Hooper [email protected] |
|
via Buchanan |
+44 (0) 20 3470 0470 |
+44 (0) 20 7466 5000 |
On 03 July 2024, CRISM Therapeutics Corporation noted an increase in its share price, stating it was not aware of any specific reason, following a decline since its AIM admission on 31 May 2024. The Company continues its strategy to submit a Clinical Trial Application for ChemoSeed in the second half of 2024 and is at contract stage to provide services to a UK SME for approximately £230k + VAT.
| Date | 3 Jul 2024 |
| Time | 16:18:49 |
| Category | Corporate updates |
| ID | 0420V |