Xbiotech INC

Market Movers (8-K)

NASDAQ
XBiotech Inc. announced the retirement of CEO John Simard, effective December 8, 2025, with Chief Scientific Officer Sushma Shivaswamy appointed as interim CEO.
NASDAQ
XBiotech Inc. filed an amended 8-K to clarify director Craig Rademaker's role as a consultant to Canadian private equity firms, focusing on capital markets.
NASDAQ
XBiotech Inc. entered into a new Executive Employment Agreement with CEO John Simard, formalizing his compensation and outlining terms for his continued leadership and potential departure.
NASDAQ
XBiotech Inc. stockholders approved all Board of Directors' recommendations at their annual meeting on August 29, 2025, including the election of five directors and the 2025 Equity Incentive Plan.
NASDAQ
XBiotech Inc. announced the immediate appointments of Dr. Thomas Kündig and Craig Rademaker to its Board of Directors, enhancing its scientific and financial expertise.
Better than expected
NASDAQ
XBiotech Inc. notifies NASDAQ of director W. Thorpe McKenzie's retirement and its plan to address Audit and Compensation Committee vacancies to maintain compliance with listing rules.

Quarterly Earnings (10-Q)

NASDAQ
XBiotech Inc. filed its Q1 2026 10-Q report, detailing a net loss of $5.5 million and a decrease in operating expenses, while maintaining a substantial cash reserve for ongoing research and development.
Worse than expected
NASDAQ
XBiotech Inc. reported a narrower net loss in Q3 2025, driven by decreased R&D expenses, while cash reserves declined to $147.4 million.
Better than expected
NASDAQ
XBiotech Inc. reported a significantly reduced net loss for the second quarter of 2025, driven by lower operating expenses and a substantial foreign exchange gain, while maintaining a strong cash position.
Better than expected
Capital raise
Delay expected
NASDAQ
XBiotech Inc. reports a net loss for Q1 2025, focusing on advancing its True Human pipeline and manufacturing system.
Worse than expected
NASDAQ
XBiotech Inc. reported a net loss of $5.0 million for the third quarter of 2024, while continuing to advance its pipeline of True Human antibody therapeutics.
Worse than expected
Capital raise
NASDAQ
XBiotech Inc. reported a net loss of $13.0 million for the second quarter of 2024, with increased research and development expenses.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
XBiotech Inc. has filed an amendment to its 2025 Form 10-K, primarily to include previously omitted Part III information regarding directors, executive officers, and corporate governance.
Delay expected
NASDAQ
XBiotech Inc. reported a net loss of $45.5 million for fiscal year 2025, driven by increased R&D expenses and executive severance, while highlighting positive oncology clinical trial results and ongoing regulatory discussions for Natrunix.
Worse than expected
Capital raise
Delay expected
NASDAQ
XBiotech Inc. amends its annual report on Form 10-K to include previously omitted information regarding directors, executive officers, and corporate governance.
NASDAQ
XBiotech Inc. reports a net loss for FY 2024, pauses construction of new facilities, and awaits FDA clarification on regulatory paths for its cancer and arthritis programs.
Delay expected
Worse than expected
NASDAQ
XBiotech Inc. has filed an amendment to its annual report to correct certain information regarding its directors.
NASDAQ
XBiotech Inc. filed an amendment to its annual report to include previously omitted information regarding directors, executive officers, and corporate governance.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

NASDAQ
XBiotech Inc. Director Craig Rademaker received 92,104 stock options at an exercise price of $2.64, vesting over ten months.
NASDAQ
XBiotech Inc. Director David Spencer Soffer was granted 51,000 nonstatutory stock options at an exercise price of $2.64, vesting over ten months.
NASDAQ
XBiotech Inc. director Thomas Kuendig was granted 79,115 nonstatutory stock options with an exercise price of $2.64, vesting in two tranches.
NASDAQ
XBiotech Inc. Director Tevi Troy received a grant of 56,000 nonstatutory stock options with an exercise price of $2.64, vesting in two tranches.
NASDAQ
John Simard, CEO of XBiotech Inc., was granted stock options for 1,026,228 shares of common stock on March 17, 2025.
NASDAQ
John Simard, CEO of XBiotech, terminated a convertible loan agreement with the company following full repayment, extinguishing all associated stock conversion rights.

Proxy Statements (Def-14A)

NASDAQ
XBiotech Inc. is set to hold its 2025 Annual Meeting of Shareholders virtually on August 29, 2025, seeking approval for a new equity incentive plan, director elections, and executive compensation, against a backdrop of substantial financial losses and declining shareholder returns.
Worse than expected
NASDAQ
XBiotech Inc. will hold its annual meeting of stockholders on June 20, 2024, to elect directors, ratify the selection of an independent accounting firm, and approve executive compensation.
NASDAQ
XBiotech Inc. will hold its 2024 Annual Meeting of Shareholders virtually on June 20, 2024, to vote on director elections, auditor ratification, and executive compensation.

Schedule 13G - Passive Investments

NASDAQ
W. Thorpe McKenzie has reported beneficial ownership of 9.76% of XBIOTECH INC.'s common shares as of December 31, 2025.
NASDAQ
XBiotech Inc.'s Chairman of the Board, John Simard, reported beneficial ownership of 17.7% of the company's common shares as of December 31, 2025.
NASDAQ
W. Thorpe McKenzie has filed an amended Schedule 13G, reporting a 9.71% beneficial ownership stake in XBIOTECH, INC. as of December 31, 2024.
NASDAQ
XBiotech Inc. CEO John Simard has increased his beneficial ownership in the company to 19.9% of common shares, primarily through a convertible loan and exercisable stock options.
Capital raise