Activist Investor Sounds Alarm On Capricor’s Cash Burn
Kaos Capital demands a governance reset and cash preservation at Capricor Therapeutics (NASDAQ: CAPR) as expenses rise.
A money-watching investor is worried that Capricor is spending cash too fast and wants the company to change how it's run and save money better. When big investors push a company to change, it's a sign they think something needs to improve — watch to see if the company listens and starts being more careful with spending.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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