Research Feed
Sangamo: Going Concern + CFO Termination + 50% Rally = Takeout Signal?
Sangamo disclosed going concern doubt on Feb 3rd with $20.9M cash and $8.7M/quarter burn — roughly 6 months of runway. Same 8-K: CFO's "employment...terminated" (not resigned), replaced by interim internal promotion. Stock response: +50% in one week. That's not how distressed biotechs behave when fu