eXoZymes Announces Nasdaq Bell Ringing to Commemorate Initial Public Offering
February 19 2025 - 7:25AM
eXoZymes, Inc. (Nasdaq: EXOZ) (“eXoZymes”) – a pioneer
of AI-engineered enzymes that can transform sustainable feedstock
into essential chemicals, medicines, and biofuels – today announced
that CEO Michael Heltzen will be joined by eXoZymes team members to
ring the Nasdaq Stock Market (“Nasdaq”) closing bell on Wednesday,
February 19, 2025. This comes following a successful initial public
offering of common stock at $8 per share, which closed on November
14, 2024.
“Our team is thrilled to be ringing the closing bell to
commemorate both our initial public offering and our significant
progress towards establishing that after synthetic biology (SynBio)
we're now entering the exozymes era of biotechnology,” said CEO of
eXoZymes, Michael Heltzen. “We appreciate the continued support of
all our stakeholders and look forward to sharing our commercial
milestones soon, as we unleash the power of our platform to rapidly
transform affordable and widely available feedstocks into a diverse
range of valuable chemicals at industrial scale.”
The Nasdaq closing bell ceremony will be broadcast live starting
at 3:50 p.m. Eastern Time from the Nasdaq MarketSite Tower in New
York City, New York. To view the broadcast, please visit:
https://www.nasdaq.com/marketsite/bell-ringing-ceremony
About eXoZymes Inc.
Founded in 2019, the company has developed a platform that - as
a historic first - offers the tools and insight to control and
optimize nature’s own processes to produce chemical compounds,
enabling the company’s partners to replace traditional chemical
production methods with a new sustainable, scalable, and
eco-friendly alternative: Exozymes.
Exozymes are advanced enzymes enhanced with AI and
bioengineering to thrive in a bioreactor outside of living cells.
Exozymes can replace toxic petrochemical processes and inefficient
biochemical extraction with sustainable and scalable biosolutions,
that transform biomass into essential chemicals, medicines, and
biofuels.
By freeing enzyme-driven chemical reactions from the limitations
imposed by cells, exozyme biosolutions eliminate the scaling
bottleneck that has hampered commercial success in the synthetic
biology (SynBio) space, making exozymes the logical successor to
most SynBio projects. After SynBio, this pioneering technology
enables entering the exozymes era of biotechnology. Inspired by
insights from four recent Nobel Prizes in Chemistry, this
technological platform ushers in a paradigm shift in chemical
production by introducing scalable and sustainable exozyme
biosolutions.
Learn more on exozymes.com
While the company, eXoZymes Inc., has introduced ‘exozymes’ as a
scientific concept, they are not trademarking the concept, as they
view it as a new nomenclature for wide adoption.
Forward-Looking Statements
This press release contains "forward-looking statements." These
forward-looking statements are made as of the date they were first
issued and were based on current expectations, estimates, forecasts
and projections as well as the beliefs and assumptions of
management. Words such as “aim”, "expect," "anticipate," "should,"
"believe," "hope," "target," "project," "goals," "estimate,"
"potential," "predict," "may," "will," "might," "could," "intend,"
"shall" and variations of these terms or the negative of these
terms and similar expressions are intended to identify these
forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which involve factors or circumstances that
are beyond eXoZymes’ control. eXoZymes’ actual results could differ
materially from those stated or implied in forward-looking
statements due to a number of factors. The forward-looking
statements included in this press release represent eXoZymes’ views
as of the date of this press release. eXoZymes anticipates that
subsequent events and developments will cause its views to change.
eXoZyme’s undertakes no intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. These forward-looking
statements should not be relied upon as representing eXoZymes’
views as of any date subsequent to the date of this press
release.
Media Contacts Lasse Görlitz, VP of Communications (858)
319-7135 press@exozymes.com
Investor Relations Contact: IR@exozymes.com
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