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X4 Pharmaceuticals (XFOR)

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Earnings summaries and quarterly performance for X4 Pharmaceuticals.

Recent press releases and 8-K filings for XFOR.

X4 Pharmaceuticals Provides Update on Mavorixafor Development and Financial Position
XFOR
Management Change
New Projects/Investments
Guidance Update
  • X4 Pharmaceuticals (XFOR) has a new management team, including Executive Chair Adam Craig, who joined approximately three months ago.
  • The company recently raised just under $240 million in cash, which is sufficient to complete the Phase 3 trial for mavorixafor in chronic neutropenia and fund the company through to launch.
  • The lead compound, mavorixafor, is FDA-approved for WHIM syndrome but is being developed for the broader chronic neutropenia indication, estimated to affect 15,000 patients.
  • The Phase 3 FORWARD study for chronic neutropenia is currently just over one-third enrolled. Enrollment is projected to conclude by the end of Q3 2026, with top-line data expected in the second half of 2027, aiming for a launch in 2028.
Nov 10, 2025, 1:30 PM
X4 Pharmaceuticals Discusses Mavorixafor Development for Chronic Neutropenia and Clinical Trial Progress
XFOR
Management Change
New Projects/Investments
Guidance Update
  • Adam Craig, Executive Chair, and a new management team recently joined X4 Pharmaceuticals, raising just under $240 million in cash to fund the Phase III trial for mavorixafor in chronic neutropenia through to launch.
  • The company's lead compound, mavorixafor, is already FDA-approved for WHIM syndrome but is commercially focused on the broader chronic neutropenia indication, which targets an estimated 15,000 patients.
  • The Phase III 4WARD Study for chronic neutropenia is just over one-third enrolled. Enrollment is expected to finish by the end of Q3 2026, with top-line data anticipated in the second half of 2027, and a potential launch in 2028.
  • Mavorixafor is an oral agent that releases neutrophils from the bone marrow, offering a competitive advantage over current injectable treatments like G-CSF.
Nov 10, 2025, 1:30 PM
X4 Pharmaceuticals Secures Funding and Accelerates Phase 3 Trial for Mavorixafor in Chronic Neutropenia
XFOR
New Projects/Investments
Guidance Update
Management Change
  • X4 Pharmaceuticals has secured just under $240 million in cash, providing sufficient funding to complete the Phase 3 trial for mavorixafor in chronic neutropenia and support a potential launch in 2028.
  • The company's sole focus is the Phase 3 "forward" study of mavorixafor for chronic neutropenia, a condition affecting an estimated 15,000 patients.
  • Enrollment for the Phase 3 study is just over one-third complete, with top-line data anticipated in the second half of 2027 and a potential launch in 2028.
  • Mavorixafor, an oral agent, is expected to offer a competitive advantage over current injectable treatments like G-CSF for chronic neutropenia.
Nov 10, 2025, 1:30 PM
X4 Pharmaceuticals Reports Q3 2025 Results, Announces Strategic Restructuring and Extended Cash Runway
XFOR
Earnings
Layoffs
Guidance Update
  • X4 Pharmaceuticals reported a net loss of $29.8 million, or $0.69 per share, on $1.765 million in total revenue for the third quarter ended September 30, 2025.
  • The company successfully completed two financial transactions, raising $240.3 million in gross proceeds, which is expected to extend its cash runway to the end of 2028.
  • X4 Pharmaceuticals has undergone a corporate restructuring, including a 50% workforce reduction expected to generate $13 million in annualized cost savings, and has shifted its primary focus to the advancement of the 4WARD Phase 3 chronic neutropenia trial.
Nov 5, 2025, 1:05 PM
X4 Pharmaceuticals Announces Closing of Public Offering
XFOR
  • X4 Pharmaceuticals announced the closing of its previously announced underwritten public offering on October 27, 2025.
  • The offering included 52,844,000 shares of common stock at a public offering price of $2.90 per share and 700,000 pre-funded warrants at $2.899 per pre-funded warrant.
  • The aggregate gross proceeds to X4 from the offering were approximately $155.3 million.
  • After giving effect to the offering, the total shares outstanding for X4 Pharmaceuticals are 79,214,708.
Oct 27, 2025, 11:05 PM
X4 Pharmaceuticals, Inc. Announces Public Offering of Common Stock and Warrants
XFOR
  • X4 Pharmaceuticals, Inc. entered into an underwriting agreement on October 23, 2025, to sell 45,860,000 shares of common stock at $2.90 per share and pre-funded warrants to purchase 700,000 shares at $2.899 per share.
  • The underwriters fully exercised their option on October 24, 2025, to purchase an additional 6,984,000 shares of common stock.
  • The company expects to receive approximately $145.6 million in net proceeds from the offering, which is anticipated to close on October 27, 2025.
Oct 24, 2025, 10:47 PM
X4 Pharmaceuticals Prices $135 Million Public Offering
XFOR
New Projects/Investments
  • X4 Pharmaceuticals (XFOR) announced the pricing of an underwritten public offering of 45,860,000 shares of common stock at $2.90 per share and pre-funded warrants to purchase up to 700,000 shares at $2.899 per pre-funded warrant.
  • The offering is expected to generate approximately $135 million in aggregate gross proceeds before deductions and is anticipated to close on October 27, 2025.
  • The net proceeds from this offering will be used to fund the pivotal Phase 3 development of mavorixafor in certain chronic neutropenic disorders, as well as for general and administrative expenses, capital expenditures, working capital, and other general corporate purposes.
  • The underwriters have been granted a 30-day option to purchase up to an additional 6,984,000 shares of common stock.
Oct 24, 2025, 4:37 AM
X4 Pharmaceuticals Announces Strategic Restructuring and Workforce Reduction
XFOR
Layoffs
Management Change
Guidance Update
  • X4 Pharmaceuticals announced a strategic restructuring on September 17, 2025, which includes a 50% reduction in its workforce.
  • This initiative is anticipated to generate annualized cost savings of approximately $13 million.
  • The company estimates it will incur cash charges of approximately $3.3 million for severance and other employee termination-related costs, with the workforce reduction substantially completed in the third quarter of 2025.
  • As part of the restructuring, John Volpone was appointed Chief Operating Officer in addition to his role as President, while the former Chief Operating Officer, Chief Commercial Officer, Chief Legal & Compliance Officer, and Chief Medical Officer are exiting the company.
Sep 17, 2025, 11:03 AM

Quarterly earnings call transcripts for X4 Pharmaceuticals.