RE: Alde right AGAIN20 Nov 2025 06:15
Nobody is trying to bring the company down, not be discussing latest news on here lol.
Anyway, I downloaded the prospectus to grok and asked AI to analyse it, make a simple summary and tell me what to expect from hemo between now and end 2026. A simple prompt and this is the response
**Simple Summary of Hemogenyx's Prospectus (19 November 2025)
This is a regulatory document (a "simplified prospectus") required because Hemogenyx is listing 556,611 new ordinary shares on the London Stock Exchange's Main Market (starting 24 November 2025). These new shares come from:
Converting loan notes (116,982 shares).
Exercising warrants (439,629 shares already exercised or to be exercised).
It's not a big fundraising — just cleaning up existing obligations. The company isn't raising new cash here.
Financial Health (Red Flags)
Cash is critically low: Only £226k in the bank as of June 2025.
Burning money fast: Lost ~£5 million in the first half of 2025 alone (mostly R&D and admin).
Going concern warning: Auditors say the company will run out of money in Q1 2026 and needs fresh funding soon just to keep going and finish the adult + paediatric Phase 1 trial of HG-CT-1 (CAR-T for r/r AML).
They will definitely need to raise more money in early 2026 (likely another big placing or convertible loans).
What to Expect from Now Until End of 2026
Short term (Nov 2025 – March 2026): Survival mode
Possible small updates on the ongoing Phase 1 trial (e.g., more patients dosed at higher level, safety data).
High chance of a fundraise (new shares issued at a discount) before cash runs out — this usually causes short-term share price pain.
ASH conference (December 2025) could have updated data (e.g., durability in first patients, early look at higher dose).
Mid 2026: Key clinical milestones
Finish Phase 1 adult trial (dose escalation, ~18–24 patients total).
Start or expand paediatric part of the trial (already FDA-cleared).
If data stays strong (so far 3/3 patients with complete remission or undetectable cancer), this is when serious pharma partnership / licensing talks could heat up.
Possible "hospital exemption" revenue in Estonia (via Cellin deal) — very small at first, but first real income.
End 2026 outlook
Best case: Phase 1 fully done, strong safety + efficacy → major partnership or buyout offer (hundreds of millions valuation possible if HG-CT-1 looks curative in AML).
Base case: Another fundraise, slow progress into Phase 2 planning, share price volatile.
Worst case: Trial setbacks or cash crisis → heavy dilution or restructuring.
Bottom line: 2026 is make-or-break. The company has promising early CAR-T data in a terrible disease (r/r AML), but it's almost out of money. Expect at least one fundraise and big news swings tied to trial results. If the science keeps working, a deal could transform the company; if not, more painful dilution. High risk/high reward classic small-cap biotech story.**
Soooo is Grok also trying to