Longeveron announces board member resignation

Longeveron Inc. (NASDAQ: LGVN) announced the immediate resignation of Mr. Neil Hare from its Board of Directors on January 27, 2025. The departure was reported in a recent 8-K filing with the Securities and Exchange Commission. According to InvestingPro data, this news comes as the company's stock has declined over 71% in the past year.

Mr. Hare's resignation was prompted by his acceptance of a new professional role that prevents him from serving on the board of any public companies. Longeveron clarified that his decision to step down was not due to any disagreements with the company's operations, policies, practices, management, or board.

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