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Zenas BioPharma Faces Investor Suit Over Post-IPO Plunge

By Sydney Price ( April 17, 2025, 4:08 PM EDT) -- Autoimmune disease therapeutics company Zenas BioPharma Inc. was hit with a proposed shareholder class action alleging that its registration statement for its September 2024 initial public offering overstated the amount of time that the company could fund its operations using existing cash and expected net proceeds from the offering....

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