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HCWB

HCW Biologicsdistress 9/10 · high distress / dilution risk
$3.25-3%today-91% from 52w high
hcwbiologics.com35 employeesFounded 2018Miramar, FLBiotechnology
Dermatology 1
Lead: alopecia areata
Revenue
pre-revenue
Liquidity
$6M
Runway
0.5 yrs
Shares 1y
+213%

Price & events

-61.1% over 6M
$1.61$9.47$17.34Jan 26Apr 26Jul 2676.8Mdilution: EFFECT shelf_effective (2026-06-18)dilution: S-1/A shelf_registration (2026-06-18)dilution: S-1 shelf_registration (2026-06-08)dilution: EFFECT shelf_effective (2026-04-29)dilution: S-1/A shelf_registration (2026-04-24)dilution: S-1 shelf_registration (2026-04-23)dilution: 424B4 offering (2026-02-19)dilution: EFFECT shelf_effective (2026-02-17)financing: 8-K private_placement (2026-05-21)financing: 8-K material_agreement (2026-03-17)financing: 8-K material_agreement (2026-02-19)financing: 8-K material_agreement (2026-02-13)catalyst: PHASE1 HCW9302, an IL-2 fusion protein (2026-07-16) — click to openrating: Maxim Group: Buy (2026-05-28)
CatalystRating changeDilutionFinancingdashed = today
-2.9%
1D
-20.0%
1W
-49.9%
1M
+32.4%
3M
-59.9%
6M
-87.8%
1Y
-97.7%
2Y
-99.7%
5Y
-99.8%
All

Overview

Market Cap
$21.87M
Enterprise Value
$20.64M
Volume
24.64K
52 Week Range
$1.61 – $36.12
Total Shares
6.73M
Float Shares
975.08K
Short %
2.78%
% Held by Insiders
9.24%
% Held by Institutions
8.59%
RVOL
0.21x
Beta
2.30

Pipeline stages · 1 programs

HCW9302, an IL-2 fusion protein
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 1 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-07-16
Estimated 50%
readout ~2026-08-15
Phase 1HCW9302, an IL-2 fusion proteinAlopecia Areata(AA)30recruiting

Catalyst news & presentations · 3

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 6,734,104 · 1 offerings/1y · 2 PIPEs
  • 2026-06-18S-1/Ashelf_registration
  • 2026-06-18EFFECTshelf_effective
  • 2026-06-08S-1shelf_registration
  • 2026-05-218-Kprivate_placement
  • 2026-04-29EFFECTshelf_effective
  • 2026-04-24S-1/Ashelf_registration
  • 2026-04-23S-1shelf_registration
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
Upgrade to Pro

Wall St ratings

buy · target $30 (+824% upside) · 1 analysts
  • 2026-05-28Maxim GroupBuy
  • 2025-05-29Maxim GroupBuy

Competitors — alopecia areata

  • LLYELI LILLY & Co$1094.4B · D3
  • ABBVAbbVie Inc.$451.1B · D2
  • PFEPFIZER INC$142.2B · D3
  • NKTRNEKTAR THERAPEUTICS$2.3B · D8
  • FBRXForte Biosciences, Inc.$767M · D2
  • AQSTAquestive Therapeutics, Inc.$485M · D3
  • QTTBQ32 Bio Inc.$254M · D6

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.