--- title: "Mindbio Therapeutics (MBIO) news: reverse split and offering" url: "https://aibio.space/companies/mindbio-therapeutics/" publisher: "aibio.space (Biotech Investor Relations News)" summary: "MBIO reverse split, offering and Nasdaq notice news: Mustang Bio gets a second 180-day Nasdaq grace period to fix its bid price. Mindbio Therapeutics Corp." --- MBIO Mindbio Therapeutics Corp. CSE · Canada # Mindbio Therapeutics (MBIO) news MBIO reverse split, offering and Nasdaq notice news Listings · 2026-10-15 ## [Mustang Bio gets a second 180-day Nasdaq grace period to fix its bid price](https://aibio.space/news/mustang-bio-gets-second-180-day-nasdaq-grace-period-fix-bid-price/) Nasdaq gave Mustang Bio until April 12, 2027 to lift its bid price to $1.00. The company has said it intends to do a reverse stock split if necessary. ## Latest Mindbio Therapeutics news 1. 2026-04-15 Listings [Mustang Bio receives Nasdaq bid price deficiency notice](https://aibio.space/news/mustang-bio-receives-nasdaq-bid-price-deficiency-notice/) Mustang Bio's common stock closed below $1.00 for 30 consecutive business days, and the company has until October 12, 2026 to regain compliance with the Nasdaq minimum bid price rule. 2. 2025-02-27 Mergers [Mustang Bio sells Worcester equipment to AbbVie for $1.0 million and exits facility lease](https://aibio.space/news/mustang-bio-sells-worcester-equipment-abbvie-1-0-million-exits/) Mustang Bio received the $1.0 million purchase price from escrow on February 25, 2025. It expects about $2.0 million in cash savings on the lease over the next 24 months and has moved its headquarters to Waltham. 3. 2025-02-27 Mergers [Mustang Bio sells fixed assets to AbbVie for $1.0 million and exits Worcester facility](https://aibio.space/news/mustang-bio-sells-fixed-assets-abbvie-1-0-million-exits-worcester/) The company expects about $2.0 million in lease savings over 24 months. It has moved its headquarters to Waltham, Massachusetts. 4. 2025-02-07 Financings [Mustang Bio prices $8 million offering at $3.01 with two series of warrants](https://aibio.space/news/mustang-bio-prices-8-million-offering-3-01-two-series-warrants/) The warrants can be exercised only after stockholders approve. The offering follows a 1-for-50 reverse stock split on January 15, 2025. ## Mindbio Therapeutics at a glance - **Ticker**: MBIO - **Listing**: CSE - **Country**: Canada - **Cash, Jun 30, 2026**: $15.2 million ### Related companies - [NORTH BUD FARMS INC](https://aibio.space/companies/north-bud-farms/) OTC: NOBDF - [HLS Therapeutics](https://aibio.space/companies/hls-therapeutics/) TSX: HLS - [Core One Labs](https://aibio.space/companies/core-one-labs/) OTC: CLABF - [Edesa Biotech](https://aibio.space/companies/edesa-biotech/) NASDAQ: EDSA - [PharmaTher Holdings](https://aibio.space/companies/pharmather/) CSE: PHRM - [LUCY SCIENTIFIC DISCOVERY INC](https://aibio.space/companies/lucy-scientific-discovery/) OTC: LSDIF - [Helus Pharma](https://aibio.space/companies/helus-pharma/) NEO: HELP - [Avricore Health](https://aibio.space/companies/avricore-health/) TSXV: AVCR ### Also on CSE - [Noveris Health Sciences](https://aibio.space/companies/noveris-health-sciences/) NVRS - [Rapid Dose Therapeutics](https://aibio.space/companies/rapid-dose-therapeutics/) DOSE - [Defence Therapeutics](https://aibio.space/companies/defence-therapeutics/) DTC - [BetterLife Pharma](https://aibio.space/companies/betterlife-pharma/) BETR - [DiagnaMed Holdings](https://aibio.space/companies/diagnamed/) DMED - [PharmAla Biotech Holdings](https://aibio.space/companies/pharmala-biotech/) MDMA ## What Mindbio Therapeutics does Mustang Bio, Inc. is a clinical-stage biopharmaceutical company that aims to license or acquire technologies for difficult-to-treat cancers, fund their research and development, and then out-license them or bring them to market. Its pipeline focuses on novel therapies for solid tumors and is developed under exclusive licenses from City of Hope National Medical Center and Nationwide Children's Hospital. MB-101 is an IL13Rα2-targeted CAR T therapy for solid tumors, and MB-108 is an HSV-1 oncolytic virus. The two are combined in MB-109 for IL13Rα2-positive recurrent glioblastoma and high-grade astrocytoma, for which the FDA issued a safe-to-proceed letter for an IND in October 2023. Phase 1 trials sponsored by City of Hope for MB-101 and by the University of Alabama at Birmingham for MB-108 have completed their treatment phases. The company has not received approval for the sale of any product candidate and reported an accumulated deficit of $398.6 million as of December 31, 2025. Mustang is a majority-controlled subsidiary of Fortress Biotech, Inc. After its Worcester cell processing facility lease was terminated, it is exploring an investigator-sponsored MB-109 study at City of Hope in the second quarter of 2026. | Product or program | What it is | Stage | |---|---|---| | MB-101 | IL13Rα2-targeted CAR T cell therapy for solid tumors and glioblastoma | Phase 1 treatment phase completed; patients assessed for long-term safety | | MB-108 | HSV-1 oncolytic virus for malignant brain tumors | Phase 1 treatment phase completed | | MB-109 | Combination of MB-101 and MB-108 for recurrent glioblastoma | IND safe-to-proceed letter from the FDA in October 2023 | Summarised from the company's [10-K filed Mar 19, 2026](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/tmb-20251231x10k.htm). ## Mindbio Therapeutics annual financials | Line | FY2025 | FY2024 | |---|---|---| | Net income (loss) | [-$1.9 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/) | [-$15.8 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/) | | Cash from operations | [-$5.3 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/) | [-$11.4 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/) | | Cash and equivalents | [$17.3 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926091061/) | [$6.8 million](https://www.sec.gov/Archives/edgar/data/1680048/000110465926032063/) | Latest balance sheet, Jun 30, 2026 (10-Q): cash and equivalents $15.2 million. Figures as reported to the SEC in XBRL; each one links to its filing. Not adjusted, not investment advice. ## Questions about Mindbio Therapeutics Did Mindbio Therapeutics do a reverse stock split? Our latest story on this, dated Oct 15, 2026: "Mustang Bio gets a second 180-day Nasdaq grace period to fix its bid price". The story links the filing or release it is based on. [Read the story](https://aibio.space/news/mustang-bio-gets-second-180-day-nasdaq-grace-period-fix-bid-price/). Has Mindbio Therapeutics raised money recently? Our latest story on this, dated Feb 7, 2025: "Mustang Bio prices $8 million offering at $3.01 with two series of warrants". The story links the filing or release it is based on. [Read the story](https://aibio.space/news/mustang-bio-prices-8-million-offering-3-01-two-series-warrants/). Has Mindbio Therapeutics received a Nasdaq deficiency notice? Our latest story on this, dated Apr 15, 2026: "Mustang Bio receives Nasdaq bid price deficiency notice". The story links the filing or release it is based on. [Read the story](https://aibio.space/news/mustang-bio-receives-nasdaq-bid-price-deficiency-notice/). What is the ticker symbol of Mindbio Therapeutics? Mindbio Therapeutics Corp. trades under the ticker MBIO on CSE. Where is Mindbio Therapeutics listed? Mindbio Therapeutics Corp. is listed on CSE. Our directory also records these other listings: GETTEX:WF60; LSX:A41RJS. Which country or territory is Mindbio Therapeutics listed under? Our directory records Mindbio Therapeutics Corp. under Canada. What does Mindbio Therapeutics do? Our directory classifies Mindbio Therapeutics Corp. as: Pharmaceuticals: Major. This is a directory classification, not a description of the pipeline. What is the ISIN of Mindbio Therapeutics? The ISIN recorded for Mindbio Therapeutics Corp. is CA60256C2076. Does aibio.space cover Mindbio Therapeutics? aibio.space lists Mindbio Therapeutics Corp. among 2,820 public biotech companies and publishes its news here as stories appear. What does Mindbio Therapeutics develop? Mustang Bio, Inc. is a clinical-stage biopharmaceutical company that aims to license or acquire technologies for difficult-to-treat cancers, fund their research and development, and then out-license them or bring them to market. Its pipeline focuses on novel therapies for solid tumors and is developed under exclusive licenses from City of Hope National Medical Center and Nationwide Children's Hospital. What is MB-101 from Mindbio Therapeutics? MB-101: IL13Rα2-targeted CAR T cell therapy for solid tumors and glioblastoma Stage: Phase 1 treatment phase completed; patients assessed for long-term safety. What is MB-108 from Mindbio Therapeutics? MB-108: HSV-1 oncolytic virus for malignant brain tumors Stage: Phase 1 treatment phase completed. Is Mindbio Therapeutics profitable? Mindbio Therapeutics Corp. reported a net loss of $1.9 million for the fiscal year ended Dec 31, 2025, and used $5.3 million of cash in operations, per its annual report to the SEC. How much cash does Mindbio Therapeutics have? $15.2 million in cash at Jun 30, 2026, per its 10-Q. What is the latest Mindbio Therapeutics (MBIO) stock news? Our latest story on Mindbio Therapeutics, dated Oct 15, 2026: "Mustang Bio gets a second 180-day Nasdaq grace period to fix its bid price". Nasdaq gave Mustang Bio until April 12, 2027 to lift its bid price to $1.00. The company has said it intends to do a reverse stock split if necessary. [Source](https://aibio.space/news/mustang-bio-gets-second-180-day-nasdaq-grace-period-fix-bid-price/). ## Investor discussion: Mindbio Therapeutics Members talk about Mindbio Therapeutics (MBIO). Reader posts, not aibio.space reporting, and not investment advice. Rules 1. **Securities violations are strictly forbidden.** No market manipulation, no pump-and-dump, no false or misleading statements, and no inside information. 2. **Say whether you hold the stock.** Every post states long, short or no position. 3. **No paid or sponsored posts.** Do not post for anyone who pays or rewards you. 4. **No buy or sell calls and no price targets.** 5. **No accusations of crime or fraud against named people** unless you link a court filing or a regulator's release that makes them. 6. **No personal details and no spam.** No links at all for your first 7 days as a member. Posts that break the rules may be deleted without notice, and the account restricted or closed. See the [terms](https://aibio.space/terms/#discussion) and the [privacy policy](https://aibio.space/privacy/#discussion). ## Capital-markets timeline Financings, listing notices, splits, legal actions and other investor events at Mindbio Therapeutics, newest first. Each line links the filing it comes from. 1. 2026-10-15 Listings Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465926116233/tmb-20261013x8k.htm) 2. 2026-04-17 Listings Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465926044890/tm2612037d1_8k.htm) 3. 2025-03-05 Listings Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465925020900/tm258382d1_ex99-1.htm) 4. 2025-02-27 Mergers Reported completing an acquisition or a sale of assets. SEC Form 8-K (Items 2.01,8.01,9.01). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465925018299/tm257773d1_ex99-1.htm) 5. 2025-02-13 Distress Reported the end of a material agreement. SEC Form 8-K (Items 1.01,1.02). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465925013029/tm256594d1_8k.htm) 6. 2025-02-07 Financings Reported a financing. SEC Form 424B4. [Source](https://www.sec.gov/Archives/edgar/data/1680048/000141057825000085/tmb-20240930x424b4.htm) 7. 2025-01-17 Listings Reported a reverse stock split. SEC Form 8-K (Items 3.03,5.03,8.01,9.01). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465925004565/tm253736d1_ex99-1.htm) 8. 2025-01-15 Financings Filed a registration statement for a share offering. SEC Form S-1. [Source](https://www.sec.gov/Archives/edgar/data/1680048/000141057825000028/tmb-20240930xs1.htm) 9. 2024-11-15 Listings Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01,5.02). [Source](https://www.sec.gov/Archives/edgar/data/1680048/000110465924119756/tm2428644d1_8k.htm) ## Stock chart Price chart and quote supplied by TradingView, delayed as the exchange requires. It loads only if you choose to show it. Information only, not investment advice. [Open CSE:MBIO on TradingView](https://www.tradingview.com/symbols/CSE-MBIO/). ## Listing details Mindbio Therapeutics Corp. is a public biotech or pharmaceutical company listed on CSE under the ticker MBIO, recorded under Canada. The directory classifies it as Pharmaceuticals: Major. aibio.space tracks 2,820 public biotech companies worldwide and publishes investor news on them. - **Company**: Mindbio Therapeutics Corp. - **Ticker**: MBIO - **Listing**: CSE - **Country or territory**: Canada - **Business scope**: Pharmaceuticals: Major - **ISIN**: CA60256C2076 - **Other listed symbols**: GETTEX:WF60; LSX:A41RJS - **Last quote in directory**: 2026-10-20 - **Directory source**: [Listing page](https://www.tradingview.com/symbols/CSE-MBIO/) Listing facts come from our company directory, researched on October 22, 2026. A listing record does not certify that a security currently trades. [Tell us about a change](https://aibio.space/reputation/#update). Work at this company? [Claim this page](https://aibio.space/claim/). Published and maintained by aibio.space. Not investment advice. [How we work](https://aibio.space/disclosures/). 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