Form 8-K MUSTANG BIO, INC. For: Apr 10

Go back to Form 8-K MUSTANG BIO, INC. For: Apr 10

Mustang Bio (MBIO) to Cut 81% Staff

April 12, 2024 4:18 PM EDT

On April 10, 2024, the board of directors of Mustang Bio (NASDAQ: MBIO) approved a reduction of its workforce by approximately 81% of its employee base in order to reduce costs and preserve capital due to the fundraising environment and continued uncertainty regarding the U.S. Committee on Foreign Investment in the United States (CFIUS) review of the sale of... More