TransCode Therapeutics Amends Preferred Stock Designation
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TransCode Therapeutics (RNAZ) amended its Certificate of Designation for Series A and B Preferred Stock on October 27, 2025, clarifying stock issuance limitations and removing conversion rights upon Nasdaq delisting. Analysts rate RNAZ as a Buy with a $280.00 target, but Spark's AI Analyst suggests it is an Underperform due to high financial risks, lack of revenue, and negative equity. The company, focused on cancer treatment, has a market cap of $11.16M and faces continued downward pressure on its stock.
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