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Akari Therapeutics Announces $5.5 Million Private Placement Offering
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Akari Therapeutics to Present at A.G.P.'s Annual Healthcare Company Showcase
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Akari Therapeutics PLC is an oncology company developing next-generation antibody-drug conjugates (ADCs) built around novel, proprietary payloads utilizing powerful biology to attack cancer. Its payload, PH1, targets RNA splicing by modulating the spliceosome, a complex machinery in the cell that converts pre-RNA into spliced RNA for translation into vital proteins for cell survival and growth. Its product pipeline is AKTX-101, which targets the Trop2 receptor on cancer cells and, with a proprietary linker, enables it to deliver its novel PH1 payload directly into the tumor with minimal off-target effects. and AKTX-102, an ADC candidate targeting CEACAM5 (Carcinoembryonic Antigen-related Cell Adhesion Molecule-5), a well-validated tumor antigen expressed across multiple solid tumors.
Akari Therapeutics PLC - American Depositary Shares trades on the NASDAQ stock market under the symbol AKTX.
As of June 24, 2026, AKTX stock price declined to $10.76 with 17,715 million shares trading.
AKTX has a beta of 3.00, meaning it tends to be more sensitive to market movements. AKTX has a correlation of 0.03 to the broad based SPY ETF.
AKTX has a market cap of $16.94 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, AKTX traded as high as $220.00 and as low as $3.02.
AKTX has underperformed the market in the last year with a price return of -76.8% while the SPY ETF gained +24.4%. However, in the short term, AKTX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +85.5% vs +13.0% return in SPY. But in the last 2 weeks, AKTX shares have been beat by the market, returning -28.3% compared to an SPY return of +0.5%.
AKTX support price is $10.25 and resistance is $13.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AKTX shares will trade within this expected range on the day.