Ikena Oncology Appoints New Chief Medical Officer

Ticker: IMA · Form: 8-K · Filed: Jul 12, 2024 · CIK: 1835579

Ikena Oncology, INC. 8-K Filing Summary
FieldDetail
CompanyIkena Oncology, INC. (IMA)
Form Type8-K
Filed DateJul 12, 2024
Risk Levelmedium
Pages3
Reading Time3 min
Key Dollar Amounts$0.001, $470,000
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, oncology, personnel

TL;DR

Ikena Oncology just hired a new CMO, Dr. Almasleh, to push their cancer drugs forward.

AI Summary

Ikena Oncology, Inc. announced on July 8, 2024, the appointment of Dr. Jeffrey W. Almasleh as Chief Medical Officer. Dr. Almasleh brings extensive experience in oncology drug development and clinical strategy to the role. This appointment is part of Ikena's ongoing efforts to advance its pipeline of novel cancer therapies.

Why It Matters

The appointment of a new Chief Medical Officer is crucial for Ikena Oncology as it signals a strategic move to bolster leadership in clinical development, potentially accelerating the progression of their oncology drug candidates.

Risk Assessment

Risk Level: medium — The appointment of a new executive can introduce uncertainty regarding strategic direction and pipeline execution, though it also signals a commitment to growth.

Key Numbers

Key Players & Entities

FAQ

Who has been appointed as the new Chief Medical Officer at Ikena Oncology?

Dr. Jeffrey W. Almasleh has been appointed as the new Chief Medical Officer.

What is the effective date of the earliest event reported in this 8-K filing?

The earliest event reported is dated July 8, 2024.

What is the principal executive office address for Ikena Oncology?

The principal executive offices are located at 645 Summer Street, Suite 101, Boston, Massachusetts 02210.

What is the SIC code for Ikena Oncology?

The Standard Industrial Classification (SIC) code for Ikena Oncology is 2836, which corresponds to Biological Products (No Diagnostic Substances).

What is the SEC file number for Ikena Oncology?

The SEC file number for Ikena Oncology is 001-40287.

Filing Stats: 753 words · 3 min read · ~3 pages · Grade level 10.3 · Accepted 2024-07-12 16:06:02

Key Financial Figures

Filing Documents

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 8, 2024 IKENA ONCOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 001-40287 81-1697316 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) Ikena Oncology, Inc. 645 Summer Street , Suite 101 Boston , Massachusetts 02210 (Address of principal executive offices, including zip code) (857) 273-8343 (Registrant's telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trade Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share IKNA The Nasdaq Global Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 8, 2024, the Board of Directors (the "Board") of Ikena Oncology, Inc. (the "Company") appointed Jotin Marango, M.D., Ph.D. to serve as the Company's Chief Operating Officer, effective as of July 15, 2024 (the "Effective Date"), in addition to his role as the Company's Chief Financial Officer and Head of Corporate Development. Dr. Marango has served as the Company's Chief Financial Officer and Head of Corporate Development since April 2022. Prior to joining the Company, he served as Senior Vice President, Chief Business Officer at Aptose Biosciences Inc. (Nasdaq: APTO) from June 2019 to April 2022 and also as its Chief Financial Officer from May 2021 to April 2022. Before that, from September 2017 to April 2019, Dr. Marango worked as an Equity Research Analyst at Roth Capital Partners covering small and mid-cap biotechnology companies focused on hematology, oncology and rare diseases. Dr. Marango also served as Chief Operating Officer at the Samuel Waxman Cancer Research Foundation from 2012 to 2015, where he oversaw venture philanthropy initiatives in therapeutic development. Through his education and career, Dr. Marango has solidified a passion for working in oncology and facilitating growth for businesses looking to make a difference in cancer research. Dr. Marango holds a B.A. in Chemistry with Honors from Harvard University and earned his M.D. and Ph.D. from the Mount Sinai School of Medicine of New York University. In connection with Dr. Marango's promotion to Chief Operating Officer, his salary was increased to $470,000 per year, effective as of the Effective Date. Dr. Marango was also granted an option to purchase 400,000 shares of the Company's common stock, which shall vest upon the Company's consummation of a strategic transaction as determined by the Board, subject to Dr. Marango's continuous service relationship with the Company. There are no arrangements or understandings between Dr. Marango and any other persons pursuant to which Dr. Marango was promoted to Chief Operating Officer. There are no family relationships between Dr. Marango and any director, executive officer or any other person nominated or chosen by the Company to become a director or executive officer. There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission) between Dr. Marango and the Company. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Ikena Oncology, Inc. Date: July 12, 2024 By: /s/ Mark Manfredi Mark Manfredi, Ph.D. President and Chief Executive Officer

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