CARGO Therapeutics (CRGX) Provides Corporate Update

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/12/2026

1. MIRM
2. SPY
3. MSFT
4. META
5. QQQ
6. LDOS
7. PLTR
8. CSCO
9. KTOS
10. NVDA

Go back to CARGO Therapeutics (CRGX) Provides Corporate Update

CARGO Therapeutics Provides Corporate Update

March 18, 2025 4:05 PM EDT

- Development of CRG-023 and allogeneic platform suspended; further reduction in force (RIF) of approximately 90% to preserve cash and maximize shareholder value -

- CARGO had cash, cash equivalents and marketable securities of $368.1 million as of December 31, 2024 -

- Anup Radhakrishnan appointed as interim CEO to pursue reverse merger or other business combination -

SAN CARLOS, Calif., March 18, 2025 (GLOBE NEWSWIRE) --... More