CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Unity Biotechnology Inc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Unity Biotechnology Inc
285 EAST GRAND AVENUE
Phone: (650) 416-1192p:650 416-1192 SOUTH SAN FRANCISCO, CA  94080  United States Ticker: UBXUBX

On March 19, 2024, the Audit Committee of the Board of Directors of UNITY Biotechnology, Inc., after consultation with management, determined that the company incorrectly classified its warrants that were issued in August 2022 as equity which should have been recorded as liabilities and measured at fair value at each balance sheet date. As part of its determination, the Audit Committee concluded that it is appropriate to correct the accounting for the Warrants in the company’s financial statements for the year ended December 31, 2022 and the interim periods ended September 30, 2022, March 31, 2023, June 30, 2023, and September 30, 2023.

Business Summary
Unity Biotechnology, Inc. is a biotechnology company developing therapeutics to slow, halt, or reverse diseases of aging. The Company is focused on creating medicines to selectively eliminate or modulate senescent cells and thereby provide transformative benefit in age-related ophthalmologic and neurologic diseases. It is targeting specific biological mechanisms implicated in diseases of aging. Its core therapeutic approach targets cellular senescence and is advancing senolytic programs primarily in ophthalmologic disorders. In addition, it has other programs based on other biologies of aging to include an agonistic antibody to the Tie2 receptor and a Tie2/VEGF bispecific to treat vascular eye disease. UBX1325 is its advanced lead drug candidate for age-related diseases of the eye, including diabetic macular edema. UBX1967 is its back-up compound to UBX1325. UBX2089, an a-Klotho hormone drug candidate, which is being researched for multiple neurology indications.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Keith R.Leonard 62 3/30/2020
Chief Executive Officer, Director AnirvanGhosh 59 3/30/2020 3/30/2020
Chief Financial Officer, Head of Corporate Development LynneSullivan 57 1/29/2021 8/1/2020
6 additional Officers and Directors records available in full report.

Business Names
Business Name
UBX
UNITY BIOTECHNOLOGY

General Information
Number of Employees: 19 (As of 12/31/2023)
Outstanding Shares: 16,786,647 (As of 4/11/2024)
Shareholders: 45
Stock Exchange: NASD
Federal Tax Id: 264726035
Fax Number: (302) 655-5049
Email Address: info@unitybiotechnology.com


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Wednesday, May 1, 2024