Zura Bio Ltd. Files Q1 2025 10-Q
Ticker: ZURA · Form: 10-Q · Filed: May 8, 2025 · CIK: 1855644
| Field | Detail |
|---|---|
| Company | Zura Bio Ltd (ZURA) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, biotech, warrants, licensing
TL;DR
Zura Bio Q1 10-Q filed. Warrants & Lilly deal details out.
AI Summary
Zura Bio Ltd. filed its 10-Q for the period ending March 31, 2025. The company, formerly JATT Acquisition Corp, is in the biological products sector. Key dates mentioned include August 15, 2024, related to pre-funded warrants, and April 26, 2023, for a license agreement with Lilly.
Why It Matters
This filing provides investors with an update on Zura Bio's financial performance and operational status for the first quarter of 2025, including details on warrants and licensing agreements.
Risk Assessment
Risk Level: medium — The company is in the biological products sector, which is inherently risky due to research and development uncertainties and regulatory hurdles.
Key Players & Entities
- Zura Bio Ltd (company) — Filer
- JATT Acquisition Corp (company) — Former company name
- Lilly (company) — Licensing agreement partner
- August 15, 2024 (date) — Related to pre-funded warrants
- April 26, 2023 (date) — Related to license agreement with Lilly
FAQ
What is Zura Bio Ltd.'s primary business activity?
Zura Bio Ltd. is primarily involved in the biological products sector, specifically 'BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES)' as indicated by its SIC code [2836].
When was Zura Bio Ltd. formerly known as?
Zura Bio Ltd. was formerly known as JATT Acquisition Corp, with a name change occurring on April 7, 2021.
What is the reporting period for this 10-Q filing?
This 10-Q filing covers the period ending March 31, 2025.
What specific agreements or financial instruments are mentioned with dates?
The filing mentions pre-funded warrants related to August 15, 2024, and a license agreement with Lilly dated April 26, 2023.
Where is Zura Bio Ltd. headquartered?
Zura Bio Ltd. is headquartered in La Jolla, California, with its business address at 4225 Executive Square, Suite 600, La Jolla, CA 92037.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding Zura Bio Ltd (ZURA).