Tiziana Life Sciences Falls on Withdrawn Public Offering

Dow Jones12-15

By Elias Schisgall

Tiziana Life Sciences shares fell after the biotechnology company said it was withdrawing a proposed public stock offering.

Shares were down 13% to $1.55 in Monday morning trading. The stock has more than doubled its value year-to-date.

The Boston-based company had filed a prospectus with the Securities and Exchange Commission Friday outlining preliminary steps for a public offering of shares. It said Monday morning it was withdrawing the proposal due to market conditions.

The Friday filing did not specify how many shares would be offered at what value. The company said it would have used proceeds from the filing to fund the development of intranasal foralumab, its leading drug candidate.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 15, 2025 10:33 ET (15:33 GMT)

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