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Cue Biopharma (CUE)

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Earnings summaries and quarterly performance for Cue Biopharma.

Recent press releases and 8-K filings for CUE.

Cue Biopharma Announces Pricing of $10 Million Public Offering
CUE
  • Cue Biopharma, Inc. announced the pricing of an underwritten public offering expected to generate approximately $10 million in aggregate gross proceeds.
  • The offering includes 35,714,286 shares of common stock (or pre-funded warrants to purchase shares of common stock in lieu thereof) and accompanying common stock warrants to purchase an aggregate of 17,857,143 shares of common stock.
  • Each share of common stock (or pre-funded warrant) and accompanying common stock warrant are being sold together at a combined public offering price of $0.28.
  • The company has granted the underwriters an option for 30 days to purchase up to an additional 5,357,140 shares of common stock and/or warrants to purchase up to 2,678,570 shares of common stock.
  • The estimated net proceeds from the offering are approximately $8.9 million, or approximately $10.3 million if the underwriters fully exercise their option, which, combined with existing cash and $10 million from a collaboration, are expected to fund operations into the first quarter of 2027.
Dec 19, 2025, 9:22 PM
Cue Biopharma Announces Pricing of Public Offering
CUE
  • Cue Biopharma (CUE) announced the pricing of an underwritten public offering for 35,714,286 shares of common stock (or pre-funded warrants) and accompanying common stock warrants to purchase 17,857,143 shares.
  • The combined public offering price is $0.28 per share (or $0.279 for pre-funded warrants), expected to generate approximately $10 million in gross proceeds before deductions.
  • Each common stock warrant will have an exercise price of $0.30 per share and will expire five years from the date of issuance.
  • The offering is anticipated to close on or about December 22, 2025.
Dec 19, 2025, 1:00 PM
Cue Biopharma Announces Proposed Public Offering
CUE
  • Cue Biopharma is commencing an underwritten public offering of shares of its common stock (or pre-funded warrants) and accompanying warrants to purchase common stock.
  • The company intends to grant the underwriters an option for 30 days to purchase up to an additional 15% of the shares and/or warrants offered.
  • The proposed offering is subject to market and other conditions, and there is no assurance regarding its completion, actual size, or terms.
  • H.C. Wainwright & Co. is serving as the sole book-running manager, with Newbridge Securities Corporation acting as co-manager for the offering.
Dec 18, 2025, 9:02 PM
Cue Biopharma Reports Q3 2025 Financial Results, Announces ImmunoScape Collaboration, and CEO Appointment
CUE
Earnings
New Projects/Investments
CEO Change
  • Cue Biopharma reported collaboration revenue of $2.1 million and a net loss of $7.4 million for the third quarter of 2025, resulting in a net loss per common share of $0.07.
  • The company announced a strategic collaboration and license agreement with ImmunoScape, which includes upfront payments totaling $15 million ($10 million in Q4 2025 and $5 million in November 2026) and a 40% equity stake in ImmunoScape.
  • Usman Azam, M.D., was appointed President and Chief Executive Officer, effective September 29, 2025, as part of a strategic leadership transition.
  • New data from the ongoing Phase 1 trial of CUE-101 showed a complete response and confirmed 50% overall response rate (ORR) in recurrent/metastatic HPV+ head and neck cancer, with 12-month overall survival of 88% and median overall survival (mOS) of 32.7 months.
Nov 12, 2025, 9:00 PM
Cue Biopharma Enters Strategic Collaboration with ImmunoScape for Oncology Programs
CUE
New Projects/Investments
M&A
Revenue Acceleration/Inflection
  • On November 6, 2025, Cue Biopharma, Inc. announced a strategic collaboration and license agreement with ImmunoScape Pte. Ltd. for the research, development, and commercialization of its CUE-100 Series in oncology.
  • Under the agreement, Cue Biopharma will receive 40% equity in ImmunoScape.
  • Cue Biopharma is entitled to $15 million in cash payments, including $5 million received in Q4 2025, $5 million in or prior to December 2025, and an additional $5 million before the first anniversary of the option exercise.
  • The company will also receive high single-digit royalties on global net sales and low- to mid-double digit royalties from sublicensing income.
  • This collaboration allows Cue Biopharma to focus on its autoimmune disease programs while advancing its Immuno-STAT platform for oncology through ImmunoScape.
Nov 6, 2025, 1:03 PM
Cue Biopharma and ImmunoScape Announce Strategic Collaboration for Solid Tumor Therapy Development
CUE
New Projects/Investments
M&A
  • Cue Biopharma and ImmunoScape have entered into an exclusive collaboration and license agreement to advance a novel "Seed-and-Boost" T cell therapy approach for the treatment of solid tumors.
  • Under the agreement, Cue Biopharma is entitled to receive an upfront payment totaling $15 million, with $10 million expected in Q4 2025 and $5 million in November 2026.
  • Cue Biopharma will also receive a 40% equity stake in ImmunoScape and is eligible for high-single-digit royalty payments on net sales.
  • This collaboration allows Cue Biopharma to focus on its autoimmune disease programs while continuing to advance its Immuno-STAT platform for oncology with ImmunoScape.
  • IND-enabling studies for this novel immunotherapy approach are on track for 2027 submission.
Nov 6, 2025, 1:00 PM
Cue Biopharma Appoints Usman Azam as New CEO
CUE
CEO Change
Management Change
Executive Compensation
  • Cue Biopharma, Inc. announced the appointment of Usman Azam as President and Chief Executive Officer and a member of the Board of Directors, effective September 29, 2025.
  • Dr. Azam succeeds Daniel R. Passeri, who retired and resigned from his roles as CEO and Board member, also effective September 29, 2025.
  • Dr. Azam's compensation package includes an annual base salary of $620,000, eligibility for a discretionary incentive bonus of up to 50% of his base salary, and stock options to purchase a total of 2,250,000 shares (1,875,000 time-based and 375,000 performance-based).
  • In connection with his departure, Mr. Passeri will receive a lump sum cash severance payment of $838,750 and continued COBRA payments for up to 18 months. He will also serve as a strategic advisor until March 30, 2026, and will be granted a stock option to purchase up to 375,000 shares.
Sep 29, 2025, 8:00 PM