Heat Biologics To Bolster Presence In Biodefense Space With Elusys Acquisition


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Heat Biologics Inc (NASDAQ:HTBXwill acquire Elusys Therapeutics, a commercial-stage biodefense company and the manufacturer of Anthim (obiltoxaximab) Injection.

  • The acquisition is expected to close during Q1 of 2022 and is subject to customary closing conditions. Specific deal terms were not disclosed.
  • Anthim is approved for use in the U.S., Canada, Europe, and the U.K. under the brand name Obiltoxaximab SFL.
  • The strategic acquisition of Elusys is intended to enhance Heat's immunotherapy portfolio and further position Heat to take a lead role in the biodefense space. 
  • Elusys has been awarded over $350 million in research and development contracts and procurement orders from the Biomedical Advanced Research and Development Authority (BARDA).
  • No stock or warrants will be issued in connection with the acquisition, and Elusys has no outstanding debt.
  • As of September 30, Heat Biologics held approximately $108.9 million in cash, cash equivalents, and short investments.
  • Price Action: HTBX shares are trading 0.75% lower at $3.95 during the market session on the last check Tuesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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