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 $8 MILLION</p></li><li><p>PROTAGENIC THERAPEUTICS : TERMINATED EMPLOYMENT OF BARRETT EVANS AS CEO AND PRESIDENT AND COLIN STOTT AS CHIEF OPERATING OFFICER</p></li><li><p>PROTAGENIC THERAPEUTICS INC: APPROVED A CHANGE IN CO'S FISCAL YEAR-END FROM DECEMBER 31 TO MARCH 31, EFFECTIVE IMMEDIATELY</p></li><li><p>PROTAGENIC THERAPEUTICS:ALL PRECLINICAL PROGRAMS ORIGINATED WITH FORMER PHYTANIX BIO (PHYX-001,PHYX-002,PHYX-003,PHYX-004, PHYX-005) HAVE BEEN PAUSED</p></li></ul><p>Source text: 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05:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Protagenic <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> Approves Restructuring Plan on August 8- SEC Filing</title></head><body><p><span>Aug 13 (Reuters)</span><span> - </span><a href=\"https://laohu8.com/S/PTIX\">Protagenic Therapeutics Inc</a> <span>PTIX.O</span>:</p><ul><li><p>PROTAGENIC THERAPEUTICS INC - ON AUGUST 8 APPROVES FOCUSED RESTRUCTURING PLAN - SEC FILING</p></li><li><p>PROTAGENIC THERAPEUTICS INC: RESTRUCTURING PLAN TO TRANSITION TO VIRTUAL OPERATING MODEL, CONCENTRATE CAPITAL ON  HIGHEST-PRIORITY CLINICAL PROGRAM<a href=\"https://laohu8.com/S/S\">$(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</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PTIX","symbol_name":"Protagenic Therapeutics, Inc.","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 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PARTNERSHIPS AND/OR 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 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