Heat Biologics Completes Name Change to NightHawk Biosciences; Trading to Commence Under “NHWK” Effective at the Market Open Today
May 03 2022 - 7:00AM
Heat Biologics, Inc. /
NightHawk Biosciences (NYSE
American: HTBX; NHWK), a fully integrated
biopharmaceutical company focused on developing first-in-class
therapies to modulate the immune system, today announced that it
has completed its name change from Heat Biologics, Inc. to
NightHawk Biosciences, Inc. to better reflect the Company’s
evolution, including expansion of the therapeutic pipeline,
vertical integration of capabilities from drug discovery to
manufacturing and commercialization, as well as the Company’s new
biodefense capabilities. In connection with the name change, the
Company’s ticker will change to “NHWK,” effective today, May 3,
2022. The name and symbol changes do not affect the Company's share
structure or the rights of the Company's shareholders, and no
further action is required by existing shareholders.
Jeff Wolf, CEO of Nighthawk, commented, “The
NightHawk brand better reflects our evolution towards a fully
integrated ecosystem, designed to efficiently move drugs from
discovery through commercialization. The NightHawk ecosystem
includes an expanded development pipeline, new biodefense
capabilities and enhanced manufacturing capabilities. As a result,
we have organized the Company around five key subsidiaries:
Skunkworx Bio, Heat Biologics, Pelican Therapeutics, Elusys
Therapeutics and Scorpion Biological Services. NightHawk is laser
focused on addressing key industry challenges, including the slow
pace and high cost of new drug development through a fully
integrated ecosystem of drug discovery, preclinical testing and
manufacturing. We look forward to progressing these efforts under
the NightHawk banner.”
NightHawk Biosciences,
Inc.NightHawk Biosciences is a fully integrated
biopharmaceutical company focused on the development of new drugs
from discovery through commercialization. The Company leverages its
integrated ecosystem of subsidiaries to accelerate the creation and
manufacture of novel therapies that arm the immune system, breaking
through barriers that prolong traditional drug development. This
empowers us to bring our ideas to life with efficient control,
superior quality, and uncharacteristic agility.
For more information on the Company and is
subsidiaries, please visit: www.nighthawkbio.com, and also
follow us on Twitter.
Forward Looking StatementThis
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. In some cases
forward-looking statements can be identified by terminology such as
"may," "should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions, and include statements progressing the company’s
efforts under the NightHawk banner. Important factors that could
cause actual results to differ materially from current expectations
include, among others, the ability to progress the company’s
efforts under the NightHawk banner, the ability to complete to
successfully integrate the changes being made, whether the combined
business of NightHawk and Elusys will be successful, NightHawk’s
and its subsidiaries’ ability to maintain license agreements, the
continued maintenance and growth of NightHawk’s and its
subsidiaries’ patent estates, NightHawk’s product candidates
demonstrating safety and effectiveness, as well as results that are
consistent with prior results, the ability to initiate clinical
trials and if initiated, the ability to complete them on time and
achieve the desired results and benefits continuing enrollment as
expected, the ability to obtain regulatory approval for
commercialization of product candidates or to comply with ongoing
regulatory requirements, regulatory limitations relating to
NightHawk’s ability to promote or commercialize its product
candidates for the specific indications, acceptance of product
candidates in the marketplace and the successful development,
marketing or sale of NightHawk’s , developments by competitors that
render such products obsolete or non-competitive, and other factors
described in NightHawk’s annual report on Form 10-K for the year
ended December 31, 2021, subsequent quarterly reports on Form 10-Qs
and any other filings NightHawk makes with the SEC. The information
in this presentation is provided only as of the date presented, and
NightHawk undertakes no obligation to update any forward-looking
statements contained in this presentation on account of new
information, future events, or otherwise, except as required by
law.
Media and Investor Relations ContactDavid
Waldman+1 919 289 4017investorrelations@heatbio.com
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