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Investigation announced for Investors in shares of SCYNEXIS, Inc. (NASDAQ: SCYX) over possible Violations of Securities Laws

10-26-2023 06:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in SCYNEXIS, Inc. (NASDAQ: SCYX) shares over potential securities laws violations by SCYNEXIS, Inc.

An investigation for investors in SCYNEXIS, Inc. (NASDAQ: SCYX) shares over potential securities laws violations by SCYNEXIS, Inc.

An investigation was announced for investors of SCYNEXIS, Inc. (NASDAQ: SCYX) shares over potential securities laws violations by SCYNEXIS, Inc.

Investors who purchased shares of SCYNEXIS, Inc. (NASDAQ: SCYX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of SCYNEXIS, Inc. (NASDAQ: SCYX) concerning whether a series of statements by SCYNEXIS, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Jersey City, NJ based SCYNEXIS, Inc., a biotechnology company, develops products for the treatment of fungal infections in the United States. SCYNEXIS, Inc. reported that its annual Total Revenue declined from $13.16 million in 2021 to $5.09 million in 202, and that its Net Loss increased from $32.86 million in 2021 to $62.8 million in 2022.

Shares of SCYNEXIS, Inc. (NASDAQ: SCYX) declined from $3.87 per share on September 05, 2023, to as low as $1.625 per share on October 24, 2023.

Those who purchased shares of SCYNEXIS, Inc. (NASDAQ: SCYX) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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