First Tracks Biotherapeutics Shares Edge Up on Sublease Deal

Dow Jones

Jun 23

By Kelly Cloonan

Shares of First Tracks Biotherapeutics gained after the company disclosed it is subleasing office space from AnaptysBio.

The stock rose 3.7% to $19 in after-hours trading on Monday. At market close, shares were up 6.6% in the past month.

Under the agreement, AnaptysBio will sublease to First Tracks about 45,057 square feet of space in San Diego, Calif., First Tracks disclosed in a filing with the Securities and Exchange Commission.

The sublease commenced on June 15 and has a term of 12 months, with the option to extend for a renewal period that would continue until April 4, 2028, or twelve months from the commencement of the renewal term, whichever is earlier.

In April, First Tracks completed a spin-out from AnaptysBio.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

June 22, 2026 17:27 ET (21:27 GMT)

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At market close, shares were up 6.6% in the past month. \n\n\n  Under the agreement, AnaptysBio will sublease to First Tracks about 45,057 square feet of space in San Diego, Calif., First Tracks disclosed in a filing with the Securities and Exchange Commission. \n\n\n  The sublease commenced on June 15 and has a term of 12 months, with the option to extend for a renewal period that would continue until April 4, 2028, or twelve months from the commencement of the renewal term, whichever is earlier. \n\n\n  In April, First Tracks completed a spin-out from AnaptysBio. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 22, 2026 17:27 ET (21:27 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}