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NuCana plc (NASDAQ:NCNA) announced today that Chief Executive Officer Hugh S. Griffith will be taking a leave of absence due to health reasons, effective immediately. Griffith is expected to return to his duties later this year.
The company’s Board of Directors has appointed Chairman Andrew Kay as Executive Chairman, who will serve as the principal executive officer during Griffith’s absence. Additionally, Ian Webster, NuCana’s Director of Finance, has been appointed Interim Chief Financial Officer and will continue to serve as the company’s principal financial officer.
In the same SEC filing, NuCana disclosed supplemental risk factors related to its May 2025 offering, warning that features of its Series A and Series B ADS Purchase Warrants could potentially lead to a trading halt or delisting from The Nasdaq Capital Market due to public interest concerns. The company also highlighted risks associated with maintaining the minimum $1.00 per share bid price requirement for continued Nasdaq listing.
NuCana reported having 9,540,891,147 ordinary shares outstanding as of June 16, 2025, represented by 381,295,861 American Depositary Shares (ADSs). On the same date, the company’s Board approved the grant of options to purchase an aggregate of 3,478,076,733 ordinary shares to officers, employees, consultants and directors under its existing share option schemes.
The information was disclosed in a Form 6-K filing with the U.S. Securities and Exchange Commission.
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