Immix Biopharma, Inc. is a clinical-stage biopharmaceutical company. Co. is focused on the application of chimeric antigen receptor cell therapy (CAR- T) in light chain (AL) Amyloidosis and autoimmune disease. Co.'s lead cell therapy asset is CAR-T NXC-201 for autoimmune disease, relapsed/refractory AL Amyloidosis, and relapsed/refractory multiple myeloma, which is being evaluated in its ongoing Phase Ib/IIa NEXICART-1 (NCT04720313) clinical trial. Its tissue specific therapeutic IMX-110 is in clinical trials as a monotherapy, and in combination with tislelizumab (BeiGene anti-PD-1 - IMMINENT-01 NCT05840835) for advanced solid tumors, such as relapsed/refractory colorectal cancer (CRC). We show 9 historical shares outstanding datapoints in our IMMX shares outstanding history coverage, used to compute IMMX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IMMX market cap history over the course of time is important for investors
interested in comparing IMMX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of IMMX versus a peer is one thing; comparing
IMMX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like IMMX can fluctuate over the course of history.
With this page we aim to empower investors researching IMMX by allowing them to research the IMMX market cap history. |
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Video: The Importance of Market Cap
