Organovo Holdings, Inc. (ONVO)

[ollik78]

Let's See ⏰💵

[Hercules1]

golden dip buy opportunity.

next run is far bigger.

[Hercules1]

I think this will hit $5.

[Hercules1]

$2 break near.

[makinezmoney]

$ONVO: So you think this is going for $4/sh ???

Already hit $1.70 ............


Hmmmmmmmmmmmmmmmmmm.......................... maybe if it pullsback to $1 I'll get in here, if it does.


Watching to see if it does.


GO $ONVO

[Hercules1]

This is a 1000 percent runner easily.

[bigfart]

I should start selling circuit breakers

[PinkPennies]

ONVO news .. Organovo’s FXR Program, including FXR314, to Be Acquired by Eli Lilly and Company

On February 23, 2025, Organovo Holdings, Inc., a Delaware corporation (the “Company”) entered into an asset purchase agreement (the “Purchase Agreement”) with Eli Lilly and Company, an Indiana corporation (“Lilly”). Pursuant to the Purchase Agreement, Lilly will purchase the Company’s FXR program and related assets (the “Asset Sale”) in consideration of (i) an upfront cash payment equal to $10.0 million, of which $9.0 million will be paid at closing and the remaining $1.0 million will be deposited into escrow for 15 months to satisfy any claims for indemnification under the Purchase Agreement, (ii) the assumption by Lilly of certain liabilities related to the FXR program, and (iii) potential milestone payments of up to $50.0 million in the aggregate, which are contingent upon the achievement of certain development, regulatory and commercial milestones. The Purchase Agreement contains customary representations, warranties and covenants for a transaction of this type. The Purchase Agreement also contains customary indemnification provisions pursuant to which the parties agree to indemnify each other for certain matters, including, among other things, breaches of certain representations, warranties and covenants in connection with the Asset Sale. Subject to the satisfaction or waiver of the closing conditions set forth in the Purchase Agreement, the Asset Sale is expected to close within approximately 30 days following the signing of the Purchase Agreement. In connection with the Asset Sale, the parties will also enter a transition services agreement and certain other ancillary agreements at the closing.

https://ih.advfn.com/stock-market/NASDAQ/organovo-ONVO/stock-news/95506537/organovo-s-fxr-program-including-fxr314-to-be-a

8k .. https://ih.advfn.com/stock-market/NASDAQ/organovo-ONVO/stock-news/95506518/form-8-k-current-report

[Monksdream]

ONVO new 52 week low

[Monksdream]

ONVO new 52 week low

[LORTAP KCOTS]

Wasn’t this way up when woods was all in?

[Monksdream]

ONVO new 52 week low

[TheFinalCD]

here is a better place to talk MMA https://investorshub.advfn.com/Mixed-Martial-Arts-MMA-UFC-Bellator-K-1-Glory-et-22925

[TrendTrade2016]

ILIA IS A BAD ASS WITH BRILLIANT BOXING AND GROUND SKILLS...NOBODY IN HIS DIVISION WILL BEAT HIM FOR MANY MOONS

[TheFinalCD]

[stock1ace1]

Flush!

[TrendTrade2016]

He better stay away fro Ilia

[TheFinalCD]

that was wild, highlight reel for the record books

[TheFinalCD]

S-1 Offering
April 2024 S-1 Offering (size undisclosed)
EDGAR
In Progress

Anticipated Deal Size
$10,000,000
Status
In Progress
https://dilutiontracker.com/app/search/ONVO?a=dbb88c

1.59

[TrendTrade2016]

Did you watch max get lucky over the weekend with his pathetic right. Wait until Ilia gets a hold of that little guy. He won’t last 2 minutes.

[TheFinalCD]

woaaah

TrendTrade2016

Member Level
Re: None

Monday, April 15, 2024 8:47:13 AM

Post#
10478
of 10478
Change your lifestyle and stop drinking so much alcohol and then maybe you won’t have fatty liver. Go on a fast ya fat slobs to give your liver a rest. Stop eating junk food filled with fructose. Smh

[TrendTrade2016]

Change your lifestyle and stop drinking so much alcohol and then maybe you won’t have fatty liver. Go on a fast ya fat slobs to give your liver a rest. Stop eating junk food filled with fructose. Smh

[Awl416]

Organovo Announces Positive Phase 2 Results for FXR314 in Metabolic Dysfunction-Associated Steatohepatitis (MASH) Showing Both Reduction in Liver Fat Content and Strong Safety and Tolerability Compared to Placebo

[RandolRocketman]

Still hodling these ONVO hoping SpaceX buys them out and then it's "To da moon!"

[Monksdream]

ONVO under $2

[glenn1919]

ONVO.................................https://stockcharts.com/h-sc/ui?s=ONVO&p=W&b=5&g=0&id=p86431144783

[Monksdream]

ONVO new 52 week low

[phytokaiser1]

From new 10Q. They dropped their burn rate a little more. Looking like 6 months of cash on hand starting Oct 1. They will need money before their new target data.

Date Cash Burn Rate
Friday, March 31, 2023 $15,301
Friday, June 30, 2023 $10,754 $4,547
Saturday, September 30, 2023 $7,617 $3,137

[81vette]

Not looking good with volume fading

[phytokaiser1]

I mean july-september

[phytokaiser1]

That was for april-june. Published in August. Should see another 10q any day now for july-august. Maybe only another 3 months left from now

[81vette]

6 months until cash runs out at current rate,or become profitable,or raise more cash via loan or create and sell shares

[phytokaiser1]

Looks like about 5m a quarter...

Cash and cash equivalents
June 30, 2023 $10,754
March 31, 2023 $15,301

[81vette]

I think your right,latest 10k show’s employee stock program approved,10.75M cash on hand,look at latest quarterly to see cash used to figure burn rate,they have no revenue yet unfortunately, FINVIS might show a burn rate(lots of great info,I use it often,scanner is best I have ever used,lots of factors)

[phytokaiser1]

Might be the employees purchasing stock or the company. Their employee stock program was just passed.

What I want to know is what their burn rate is in cash. Anyone know how to calculate that?

[81vette]

Buying volume up 55Xs ave today,10 day ave vol up 11Xs

[81vette]

Product is world changing,it will get found

[81vette]

Predictable Bullish chart,no news YET! Loaded and holding for it,under the radar with all the big runners today getting chased

[Monksdream]

ONVO under $2

[phytokaiser1]

Updated Investor Presentation.

https://ir.organovo.com/static-files/3e5d2de6-6ca0-4404-a527-dbdc4461e0f0

Anyone know how much cash they have and what their burn rate is?

[Monksdream]

ONVO under $2

[phytokaiser1]

HC Wainwright Presentation up. ONVO management is now moving.

https://ir.organovo.com/investor-presentations

[LORTAP KCOTS]

Almost back down below a buck..

[phytokaiser1]

First presentation update in 2 years.

https://ir.organovo.com/investor-presentations

They have drastically changed their business model in the last 5 years. They are a full on drug company now.

[glenn1919]

ONVO...........................https://stockcharts.com/h-sc/ui?s=ONVO&p=W&b=5&g=0&id=p86431144783

[starbuxsux]

this needs to get pumped by Redditors

[phytokaiser1]

When it reaches 72$/share, I'll have fun lol

[Awl416]

I’m having fun… anyone else?

[Awl416]

Buyers are back

[Awl416]

Or turn the lights off lol