In a recent SEC filing, Akero Therapeutics, Inc. (0001744659) submitted a Form 144 indicating the intent to sell restricted shares. This filing is significant as it provides transparency regarding the company’s plans for the sale of these shares, which can impact the stock price and investor confidence. Form 144 is typically filed by company insiders or affiliates who plan to sell their shares in the open market.
Akero Therapeutics, Inc. is a biotechnology company focused on developing innovative treatments for serious metabolic diseases and non-alcoholic steatohepatitis (NASH). With a pipeline of promising drug candidates, the company aims to address unmet medical needs and improve patient outcomes. For more information about Akero Therapeutics, Inc., please visit their website here.
Form 144 is a notice of proposed sale of securities filed with the Securities and Exchange Commission. It is required when an affiliate of a company plans to sell restricted, unregistered securities. The form helps ensure compliance with securities regulations and provides transparency to investors regarding insider selling activities.
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