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AND ICAHN ENTERPRISES HOLDINGS L.P. ANNOUNCE EXTENSION OF TENDER OFFER FOR UP TO 17,753,322 SHARES OF COMMON STOCK OF CVR ENERGY. SUNNY ISLES BEACH, Fla., Jan. 6, 2025 /PRNewswire/ -- Icahn Enterprises L.P.  , and Icahn Enterprises Holdings L.P. , today announced that the expiration time of its cash tender offer for up to 17,753,322 shares of CVR Energy, Inc.'s   common stock, par value $0.01 per share, at a price per share of $18.25 , has been extended from one minute after 11:59 p.m., New York City time, on January 6, 2025 to 5:00 p.m., New York City time, on January 8, 2025. All other terms and conditions of the Offer remain unchanged, and IEP and IEH do not intend to further extend the Offer, increase the price of the Offer or otherwise change any of the terms or conditions with respect to the Offer.THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO PURCHASE, OR A SOLICITATION OF AN OFFER TO SELL, ANY SECURITIES. THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOS","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FOR","UP","BK4024","BK4590","CVI","BK4206","CVR","BK4008","IEP","BK4138","BK4161"],"gpt_icon":0},{"id":"2501023613","title":"Top Premarket Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2501023613","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501023613?lang=en_us&edition=fundamental","pubTime":"2025-01-06 20:49","pubTimestamp":1736167772,"startTime":"0","endTime":"0","summary":"Zhongchao (ZCMD) shares slumped 19% pre-bell Monday after a 1.2% increase on Friday.SoundThinking (SSTI) shares fell 15%, reversing from Friday's gains.Chicago Rivet & Machine (CVR) shares dropped 10% following a 2.1% increase in the previous session.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SSTI","BK7095","ZCMD","CVR.AU","CVR","BK4161","BK4023","BK4204"],"gpt_icon":0},{"id":"2500170670","title":"Carl Icahn's Strategic Acquisition of CVR Partners LP Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2500170670","media":"GuruFocus","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500170670?lang=en_us&edition=fundamental","pubTime":"2025-01-04 07:55","pubTimestamp":1735948558,"startTime":"0","endTime":"0","summary":"On December 30, 2024, Carl Icahn (Trades, Portfolio), a renowned activist investor, made a significant move by adding 4,538 shares of CVR Partners LP (UAN, Financial) to the firm's portfolio. The tran","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2645348/carl-icahns-strategic-acquisition-of-cvr-partners-lp-shares","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["UAN","BK4590","CVR","BK4093","BK4161"],"gpt_icon":0},{"id":"2495549449","title":"Top Premarket Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2495549449","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495549449?lang=en_us&edition=fundamental","pubTime":"2024-12-30 20:47","pubTimestamp":1735562846,"startTime":"0","endTime":"0","summary":"Repay Holdings  shares slumped 22% pre-bell Monday following a 1.7% loss in the previous session.DallasNews Corporation  shares fell 19%, reversing from Friday's gains.Design Therapeutics  shares decreased 16% after a 3.7% loss on Friday.Chicago Rivet & Machine  shares slid 13% after a 2.5% drop.Septerna  shares were down 13%, adding to Friday's 1.7% loss.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4111","BK4505","BK4539","DALN","SEPN","CVR.AU","LU1861217088.USD","BK4007","BK4106","BK4161","BK7095","BK4139","BK4227","CVR","LU1861220207.SGD","DSGN","RPAY"],"gpt_icon":0},{"id":"2494826903","title":"Carl Icahn's Strategic Acquisition in CVR Partners LP","url":"https://stock-news.laohu8.com/highlight/detail?id=2494826903","media":"GuruFocus","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494826903?lang=en_us&edition=fundamental","pubTime":"2024-12-27 11:35","pubTimestamp":1735270548,"startTime":"0","endTime":"0","summary":"On December 26, 2024, Carl Icahn (Trades, Portfolio), a prominent activist investor, executed a strategic stock transaction involving CVR Partners LP. This transaction saw the addition of 7,197 shares","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2641055/carl-icahns-strategic-acquisition-in-cvr-partners-lp","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["UAN","BK4590","CVR","BK4093","BK4161"],"gpt_icon":0},{"id":"2494816559","title":"CVR Subsidiary Sells Stake in Midway Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=2494816559","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494816559?lang=en_us&edition=fundamental","pubTime":"2024-12-27 06:51","pubTimestamp":1735253460,"startTime":"0","endTime":"0","summary":"CVR Energy said a subsidiary has sold its interest in Midway Pipeline in exchange for a cash consideration of about $90 million.Coffeyville Resources Pipeline sold its 50% stake to Plains Pipeline, CVR said.Midway operates a pipeline that connects CVR's Coffeyville refinery to a crude oil hub in Cushing, Okla.CVR also said a pipeline agreement with Midway will allow it to deliver a variety of crude oils from the Cushing hub to the Coffeyville refinery over the long term.Also on Thursday, CVR said certain subsidiaries entered into a term loan credit agreement providing for a senior secured term loan facility in an initial principal amount of $325 million. CVR said the total amount was borrowed in full on the Dec. 19 closing date.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4161","CVI","BK4138","CVR"],"gpt_icon":0},{"id":"2492512046","title":"Returns On Capital At CVR Energy (NYSE:CVI) Paint A Concerning Picture","url":"https://stock-news.laohu8.com/highlight/detail?id=2492512046","media":"Simply Wall St.","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492512046?lang=en_us&edition=fundamental","pubTime":"2024-12-19 20:06","pubTimestamp":1734609968,"startTime":"0","endTime":"0","summary":"When researching a stock for investment, what can tell us that the company is in decline?When we see a declining return on capital employed  in conjunction with a declining base of capital employed, that's often how a mature business shows signs of aging. This combination can tell you that not only is the company investing less, it's earning less on what it does invest. On that note, looking into CVR Energy , we weren't too upbeat about how things were going.For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for CVR Energy, this is the formula:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . So, CVR Energy has an ROCE of 5.7%.  In absolute terms, that's a low return and it also under-performs the Oil and Gas industry average of 12%.One more thing: We've identified   2 warning signs  with CVR Energy (","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/.A3tko5gG4Y9cW9D5sMN_g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a6dac4ad072ed89ed8af60caf944b99","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/.A3tko5gG4Y9cW9D5sMN_g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4a6dac4ad072ed89ed8af60caf944b99"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/returns-capital-cvr-energy-nyse-120608412.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CVR","BK4138","BK4161","NYSE","EBIT","CVI"],"gpt_icon":0},{"id":"2492718123","title":"Carl Icahn's Strategic Acquisition of CVR Partners LP Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2492718123","media":"GuruFocus","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492718123?lang=en_us&edition=fundamental","pubTime":"2024-12-18 22:10","pubTimestamp":1734531030,"startTime":"0","endTime":"0","summary":"On December 17, 2024, Carl Icahn (Trades, Portfolio), a prominent activist investor, executed a significant transaction involving CVR Partners LP. The transaction saw the addition of 9,024 shares at a","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2635520/carl-icahns-strategic-acquisition-of-cvr-partners-lp-shares","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["UAN","BK4590","BK4093","ROE","BK4161","CVR"],"gpt_icon":0},{"id":"2491667499","title":"CVR Energy price target raised to $20 from $18 at Mizuho","url":"https://stock-news.laohu8.com/highlight/detail?id=2491667499","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491667499?lang=en_us&edition=fundamental","pubTime":"2024-12-16 20:08","pubTimestamp":1734350882,"startTime":"0","endTime":"0","summary":"Mizuho analyst Nitin Kumar raised the firm’s price target on CVR Energy (CVI) to $20 from $18 and keeps a Neutral rating on the shares. The firm ad...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cvr-energy-price-target-raised-to-20-from-18-at-mizuho?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cvr-energy-price-target-raised-to-20-from-18-at-mizuho?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CVR","MFG"],"gpt_icon":0},{"id":"2491307910","title":"Press Release: Palvella Therapeutics Announces Closing of Merger with Pieris Pharmaceuticals and Concurrent Private Placement of $78.9 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2491307910","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491307910?lang=en_us&edition=fundamental","pubTime":"2024-12-14 03:55","pubTimestamp":1734119700,"startTime":"0","endTime":"0","summary":"Palvella Therapeutics Announces Closing of Merger with Pieris Pharmaceuticals and Concurrent Private Placement of $78.9 Million. Palvella Therapeutics to debut on Nasdaq under the ticker symbol \"PVLA\" as a publicly traded rare disease biopharmaceutical company advancing a late clinical-stage pipeline and a platform for treating serious, rare genetic diseases. Strong balance sheet with approximately $80.0 million of cash and cash equivalents, including proceeds from a PIPE financing co-led by BVF Partners, L.P. and Frazier Life Sciences. Cash expected to fund operations into the second half of 2027, including through Phase 3 SELVA clinical trial of QTORIN 3.9% rapamycin anhydrous gel  for the treatment of microcystic lymphatic malformations  and Phase 2 clinical trial in cutaneous venous malformations . QTORIN rapamycin has the potential to be the first approved therapy and standard of care in the U.S. for microcystic LMs and cutaneous VMs. Concurrent with the merger, Palvella completed","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4161","BK4588","03160","PIRS","LENZ","TM","BK4099","BK4555","BK4585","BK4139","CVR"],"gpt_icon":0},{"id":"2491362324","title":"CVR Energy (CVI) Receives a Sell from Scotiabank","url":"https://stock-news.laohu8.com/highlight/detail?id=2491362324","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491362324?lang=en_us&edition=fundamental","pubTime":"2024-12-13 20:35","pubTimestamp":1734093357,"startTime":"0","endTime":"0","summary":"In a report released today, Paul Cheng from Scotiabank maintained a Sell rating on CVR Energy (CVI – Research Report), with a price target of $21.0...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/cvr-energy-cvi-receives-a-sell-from-scotiabank-3?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/cvr-energy-cvi-receives-a-sell-from-scotiabank-3?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4138","CVI","CVR","BK4161"],"gpt_icon":0},{"id":"2491347011","title":"CVR Energy Prices $325 Million Term Loan; Negotiating for Sale of Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2491347011","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491347011?lang=en_us&edition=fundamental","pubTime":"2024-12-13 18:20","pubTimestamp":1734085219,"startTime":"0","endTime":"0","summary":"CVR Energy  said late Thursday its subsidiaries have priced a proposed $325 million senior secured term loan B due 2027.The loan will be issued at a price equal to 99% of their face value and bear interest at the secured overnight financing rate plus 4.0%.The deal is expected to close before the end of the year.The company said it plans to use proceeds from the loan primarily for capital expenditures, including a planned turnaround at its Coffeyville refinery next year.The company also said it is negotiating the possible sale of its interests in one of its midstream assets for less than $100 million.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CVR","BK4138","CVI","BK4161"],"gpt_icon":0},{"id":"2491336688","title":"CVR Energy Announces New Executive Employment Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2491336688","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491336688?lang=en_us&edition=fundamental","pubTime":"2024-12-13 06:56","pubTimestamp":1734044164,"startTime":"0","endTime":"0","summary":"An update from CVR Partners ( ($UAN) ) is now available. CVR Energy has announced a new employment agreement for Mr. Lamp, effective January 1, 202...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cvr-energy-announces-new-executive-employment-agreement?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cvr-energy-announces-new-executive-employment-agreement?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4161","CVR"],"gpt_icon":0},{"id":"2491936686","title":"CVR Energy’s Strategic Moves: Tender Offer and Financing","url":"https://stock-news.laohu8.com/highlight/detail?id=2491936686","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491936686?lang=en_us&edition=fundamental","pubTime":"2024-12-13 06:55","pubTimestamp":1734044115,"startTime":"0","endTime":"0","summary":"CVR Energy ( ($CVI) ) has shared an announcement. CVR Energy has entered into a Tender Offer Agreement with Icahn Enterprises to purchase a signifi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cvr-energys-strategic-moves-tender-offer-and-financing?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cvr-energys-strategic-moves-tender-offer-and-financing?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4161","CVR"],"gpt_icon":0},{"id":"2491688173","title":"Press Release: CVR Energy Announces Pricing of Proposed Senior Secured Term Loan B Facility, 2025 Capital Expenditure Outlook, New Employment Agreement with Dave Lamp","url":"https://stock-news.laohu8.com/highlight/detail?id=2491688173","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491688173?lang=en_us&edition=fundamental","pubTime":"2024-12-13 06:14","pubTimestamp":1734041640,"startTime":"0","endTime":"0","summary":"SUGAR LAND, Texas, Dec. 12, 2024  -- CVR Energy, Inc.  today announced that certain of its wholly owned subsidiaries have priced a proposed $325 million aggregate principal amount senior secured term loan B due 2027 . The loans under the Facility will be issued at a price equal to 99% of their face value and bear interest at SOFR plus 4.0%, with closing expected before the end of the year. The proceeds of the loans under the Facility are expected to be used primarily for capital expenditures, including the planned 2025 turnaround at the Coffeyville refinery. The Company is also in negotiations for the potential sale of its interests in one of its midstream assets, with total consideration, if the transaction is finalized, approved and closed, expected to be under $100 million. Such sale, if any is consummated, is expected to further enhance the Company's liquidity position.The Company also published its capital expenditure outlook for 2025 set forth below, which for its Petroleum segme","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4138","BK4161","CVI","CVR"],"gpt_icon":0},{"id":"2490859155","title":"NLS Pharmaceutics CEO Issues Letter to Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2490859155","media":"ACCESSWIRE","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490859155?lang=en_us&edition=fundamental","pubTime":"2024-12-11 20:30","pubTimestamp":1733920200,"startTime":"0","endTime":"0","summary":"ZURICH, SWITZERLAND / ACCESSWIRE / December 11, 2024 / NLS Pharmaceutics Ltd.  , a Swiss clinical-stage biopharmaceutical company focused on the discovery and development of innovative therapies for patients with rare and complex central nervous system disorders, today announced that its Chief Executive Officer, Alex Zwyer, has issued the following letter to shareholders:. As we move forward with exciting developments at NLS, I want to update you on the significant progress we've made, key challenges we've overcome, and the strategic opportunities that lie ahead-especially as we approach the expected closing of our transformative merger with Kadimastem Ltd. , an advanced clinical-stage company.Final top line results from the ongoing study are expected to be shared by the end of this year. In addition, the Company's broader development plans include exploring the application of its DOXA platform also in other neurodegenerative conditions, such as Amyotrophic Lateral Sclerosis .","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/MYU32KppGNEDO6afIPEqHA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/05653921e1d228198a0d21d272ff6d19","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/MYU32KppGNEDO6afIPEqHA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/05653921e1d228198a0d21d272ff6d19"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nls-pharmaceutics-ceo-issues-letter-123000170.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4161","NLSPW","NLSP","CVR","BK4007"],"gpt_icon":1}],"pageSize":16,"totalPage":11,"pageCount":5,"totalSize":165}]}}