Moonwalk Biosciences Announces $70 Million Series B: NYSE Content Update

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Kristen Scholer delivers the pre-market update on September 9th

• Moonwalk Bio says recent funding will advance RNAi development.
  • The startup says its treatments have demonstrated reductions in body weight and fat mass while preserving lean muscle mass.
  • Moonwalk's lead development candidate is expected to enter first-in-human clinical studies in late 2027.
  • CEO Dr. Alex Aravanis will join NYSE Live to discuss the path forward for treatments.
• Defense company Covenant opens a 105,000 square-foot factory in Texas.
  • The company introduced Anthem, a heavy-payload, long-range weapon system.
  • Covenant announced more than $250 million in funding across three rounds, with Andreesen Horowitz and Lightspeed among its backers.
• ICE Brent Crude tops $100 a barrel amid the ongoing Middle East conflict.
  • This marks the first time the benchmark has reached triple digits since July.
  • The rise in oil prices comes ahead of a pair of inflation reading, which are set to come out later this week.

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