BRIEF-Protagenic Therapeutics Approves Restructuring Plan on August 8- SEC Filing

Reuters

2025/08/14

BRIEF-Protagenic <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Approves Restructuring Plan on August 8- SEC Filing

Aug 13 (Reuters) - Protagenic Therapeutics Inc PTIX.O:

PROTAGENIC THERAPEUTICS INC - ON AUGUST 8 APPROVES FOCUSED RESTRUCTURING PLAN - SEC FILING
PROTAGENIC THERAPEUTICS INC: RESTRUCTURING PLAN TO TRANSITION TO VIRTUAL OPERATING MODEL, CONCENTRATE CAPITAL ON HIGHEST-PRIORITY CLINICAL PROGRAM$(S)$
PROTAGENIC THERAPEUTICS INC: HAS TEMPORARILY SUSPENDED EXPENDITURES RELATED TO PRECLINICAL PROGRAMS
PROTAGENIC THERAPEUTICS INC: INITIATED PROCESS TO EVALUATE STRATEGIC ALTERNATIVES FOR THOSE PROGRAMS, INCLUDING PARTNERSHIPS AND/OR OUT-LICENSING
PROTAGENIC THERAPEUTICS INC: REDUCING OPERATING EXPENSES, OVERHEAD, AND HEADCOUNT PRIMARILY ASSOCIATED WITH PRECLINICAL ACTIVITIES
PROTAGENIC THERAPEUTICS : WHEN FULLY IMPLEMENTED, RESTRUCTURING PLAN IS EXPECTED TO REDUCE ANNUALIZED OPERATING EXPENSES BY ABOUT $8 MILLION
PROTAGENIC THERAPEUTICS : TERMINATED EMPLOYMENT OF BARRETT EVANS AS CEO AND PRESIDENT AND COLIN STOTT AS CHIEF OPERATING OFFICER
PROTAGENIC THERAPEUTICS INC: APPROVED A CHANGE IN CO'S FISCAL YEAR-END FROM DECEMBER 31 TO MARCH 31, EFFECTIVE IMMEDIATELY
PROTAGENIC THERAPEUTICS:ALL PRECLINICAL PROGRAMS ORIGINATED WITH FORMER PHYTANIX BIO (PHYX-001,PHYX-002,PHYX-003,PHYX-004, PHYX-005) HAVE BEEN PAUSED

Source text: [ID:n0001641172-25-023588]

Further company coverage: PTIX.O

((Reuters.Briefs@thomsonreuters.com;))

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TO PRECLINICAL PROGRAMS</p></li><li><p>PROTAGENIC THERAPEUTICS INC: INITIATED PROCESS TO EVALUATE STRATEGIC ALTERNATIVES FOR THOSE PROGRAMS, INCLUDING PARTNERSHIPS AND/OR OUT-LICENSING</p></li><li><p>PROTAGENIC THERAPEUTICS INC: REDUCING OPERATING EXPENSES, OVERHEAD, AND HEADCOUNT PRIMARILY ASSOCIATED WITH PRECLINICAL ACTIVITIES</p></li><li><p>PROTAGENIC THERAPEUTICS : WHEN FULLY IMPLEMENTED, RESTRUCTURING PLAN IS EXPECTED TO REDUCE ANNUALIZED OPERATING EXPENSES BY ABOUT $8 MILLION</p></li><li><p>PROTAGENIC THERAPEUTICS : TERMINATED EMPLOYMENT OF BARRETT EVANS AS CEO AND PRESIDENT AND COLIN STOTT AS CHIEF OPERATING OFFICER</p></li><li><p>PROTAGENIC THERAPEUTICS INC: APPROVED A CHANGE IN CO'S FISCAL YEAR-END FROM DECEMBER 31 TO MARCH 31, EFFECTIVE IMMEDIATELY</p></li><li><p>PROTAGENIC THERAPEUTICS:ALL PRECLINICAL PROGRAMS ORIGINATED WITH FORMER PHYTANIX BIO (PHYX-001,PHYX-002,PHYX-003,PHYX-004, PHYX-005) HAVE BEEN PAUSED</p></li></ul><p>Source text: [ID:n0001641172-25-023588]</p><p>Further company coverage: <span>PTIX.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Protagenic Therapeutics Approves Restructuring Plan on August 8- SEC Filing</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Protagenic Therapeutics Approves Restructuring Plan on August 8- SEC Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-14 05:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Protagenic <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> Approves Restructuring Plan on August 8- SEC Filing</title></head><body><p><span>Aug 13 (Reuters)</span><span> - </span><a href=\"https://laohu8.com/S/PTIX\">Protagenic Therapeutics Inc</a> <span>PTIX.O</span>:</p><ul><li><p>PROTAGENIC THERAPEUTICS INC - ON AUGUST 8 APPROVES FOCUSED RESTRUCTURING PLAN - SEC FILING</p></li><li><p>PROTAGENIC THERAPEUTICS INC: RESTRUCTURING PLAN TO TRANSITION TO VIRTUAL OPERATING MODEL, CONCENTRATE CAPITAL ON  HIGHEST-PRIORITY CLINICAL PROGRAM<a href=\"https://laohu8.com/S/S\">$(S)$</a></p></li><li><p>PROTAGENIC THERAPEUTICS INC: HAS TEMPORARILY SUSPENDED EXPENDITURES RELATED TO PRECLINICAL PROGRAMS</p></li><li><p>PROTAGENIC THERAPEUTICS INC: INITIATED PROCESS TO EVALUATE STRATEGIC ALTERNATIVES FOR THOSE PROGRAMS, INCLUDING PARTNERSHIPS AND/OR OUT-LICENSING</p></li><li><p>PROTAGENIC THERAPEUTICS INC: REDUCING OPERATING EXPENSES, OVERHEAD, AND HEADCOUNT PRIMARILY ASSOCIATED WITH PRECLINICAL ACTIVITIES</p></li><li><p>PROTAGENIC THERAPEUTICS : WHEN FULLY IMPLEMENTED, RESTRUCTURING PLAN IS EXPECTED TO REDUCE ANNUALIZED OPERATING EXPENSES BY ABOUT $8 MILLION</p></li><li><p>PROTAGENIC THERAPEUTICS : TERMINATED EMPLOYMENT OF BARRETT EVANS AS CEO AND PRESIDENT AND COLIN STOTT AS CHIEF OPERATING OFFICER</p></li><li><p>PROTAGENIC THERAPEUTICS INC: APPROVED A CHANGE IN CO'S FISCAL YEAR-END FROM DECEMBER 31 TO MARCH 31, EFFECTIVE IMMEDIATELY</p></li><li><p>PROTAGENIC THERAPEUTICS:ALL PRECLINICAL PROGRAMS ORIGINATED WITH FORMER PHYTANIX BIO (PHYX-001,PHYX-002,PHYX-003,PHYX-004, PHYX-005) HAVE BEEN PAUSED</p></li></ul><p>Source text: [ID:n0001641172-25-023588]</p><p>Further company coverage: <span>PTIX.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250813:nFWN3U51UE:1","article_id":"2559898402","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559898402","pubTimestamp":1755122262,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Protagenic Therapeutics Approves Restructuring Plan on August 8- SEC FilingAug 13 (Reuters) - Protagenic Therapeutics Inc PTIX.O:PROTAGENIC 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OUT-LICENSINGPROTAGENIC THERAPEUTICS INC: REDUCING OPERATING EXPENSES, OVERHEAD, AND HEADCOUNT PRIMARILY ASSOCIATED WITH PRECLINICAL ACTIVITIESPROTAGENIC THERAPEUTICS : WHEN FULLY IMPLEMENTED, RESTRUCTURING PLAN IS EXPECTED TO REDUCE ANNUALIZED OPERATING EXPENSES BY ABOUT $8 MILLIONPROTAGENIC THERAPEUTICS : TERMINATED EMPLOYMENT OF BARRETT EVANS AS CEO AND PRESIDENT AND COLIN STOTT AS CHIEF OPERATING OFFICERPROTAGENIC THERAPEUTICS INC: APPROVED A CHANGE IN CO'S FISCAL YEAR-END FROM DECEMBER 31 TO MARCH 31, EFFECTIVE IMMEDIATELYPROTAGENIC THERAPEUTICS:ALL PRECLINICAL PROGRAMS ORIGINATED WITH FORMER PHYTANIX BIO (PHYX-001,PHYX-002,PHYX-003,PHYX-004, PHYX-005) HAVE BEEN PAUSEDSource text: [ID:n0001641172-25-023588]Further company coverage: PTIX.O ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}