• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D filed by Jounce Therapeutics Inc.

    3/14/23 5:00:12 PM ET
    $JNCE
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $JNCE alert in real time by email
    SC 13D 1 o314231sc13d.htm

     

     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, DC 20549

     

     

    SCHEDULE 13D

     

     

    Under the securities exchange act of 1934
    (amendment no. ___)*

     

     

    Jounce Therapeutics, Inc.
    (Name of Issuer)

     

    Common Stock, par value $0.001 per share
    (Title of Class of Securities)

     

     

    481116101
    (CUSIP Number)

     

     

    Ryan A. Murr
    James J. Moloney
    Gibson, Dunn & Crutcher LLP
    555 Mission Street, Suite 3000
    San Francisco, CA 94105
    (Name, Address and Telephone Number of Person
    Authorized to Receive Notices and Communications)

     

     

    March 14, 2023
    (Date of Event Which Requires Filing of This Statement)

     

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. x

     

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

       
     

     

    CUSIP No. 481116101
    1

    NAMES OF REPORTING PERSONS

     

    TANG CAPITAL PARTNERS, LP

     

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) o

     

    (b) o

     

    3 SEC USE ONLY
    4

    SOURCE OF FUNDS (SEE INSTRUCTIONS)

     

    WC

     

    5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) ¨
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    DELAWARE

     

    NUMBER OF
    SHARES

    BENEFICIALLY

    OWNED BY
    EACH REPORTING

    PERSON WITH

    7

    SOLE VOTING POWER

     

    0

     

    8

    SHARED VOTING POWER

     

    5,300,087

     

    9

    SOLE DISPOSITIVE POWER

     

    0

     

    10

    SHARED DISPOSITIVE POWER

     

    5,300,087

     

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    5,300,087

     

    12

    CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

    o

     

    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

     

    10.2%

     

    14

    TYPE OF REPORTING PERSON

     

    PN

     

     

    Page 2 of 10 Pages
     

     

    CUSIP No. 481116101
    1

    NAMES OF REPORTING PERSONS

     

    TANG CAPITAL MANAGEMENT, LLC

     

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) o

     

    (b) o

     

    3 SEC USE ONLY
    4

    SOURCE OF FUNDS (SEE INSTRUCTIONS)

     

    WC

     

    5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) ¨
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    DELAWARE

     

    NUMBER OF
    SHARES

    BENEFICIALLY

    OWNED BY
    EACH REPORTING

    PERSON WITH

    7

    SOLE VOTING POWER

     

    0

     

    8

    SHARED VOTING POWER

     

    5,300,087

     

    9

    SOLE DISPOSITIVE POWER

     

    0

     

    10

    SHARED DISPOSITIVE POWER

     

    5,300,087

     

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    5,300,087

     

    12

    CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

    o

     

    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

     

    10.2%

     

    14

    TYPE OF REPORTING PERSON

     

    OO

     

     

    Page 3 of 10 Pages
     

     

    CUSIP No. 481116101
    1

    NAMES OF REPORTING PERSONS

     

    KEVIN TANG

     

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) o

     

    (b) o

     

    3 SEC USE ONLY
    4

    SOURCE OF FUNDS (SEE INSTRUCTIONS)

     

    WC

     

    5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) ¨
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    UNITED STATES

     

    NUMBER OF
    SHARES

    BENEFICIALLY

    OWNED BY
    EACH REPORTING

    PERSON WITH

    7

    SOLE VOTING POWER

     

    0

     

    8

    SHARED VOTING POWER

     

    5,300,087

     

    9

    SOLE DISPOSITIVE POWER

     

    0

     

    10

    SHARED DISPOSITIVE POWER

     

    5,300,087

     

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    5,300,087

     

    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

    o

     

    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

     

    10.2%

     

    12

    TYPE OF REPORTING PERSON

     

    IN

     

     

    Page 4 of 10 Pages
     

     

    CUSIP No. 481116101
    1

    NAMES OF REPORTING PERSONS

     

    Concentra Biosciences, LLC

     

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) o

     

    (b) o

     

    3 SEC USE ONLY
    4

    SOURCE OF FUNDS (SEE INSTRUCTIONS)

     

     

     

    5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) ¨
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    UNITED STATES

     

    NUMBER OF
    SHARES

    BENEFICIALLY

    OWNED BY
    EACH REPORTING

    PERSON WITH

    7

    SOLE VOTING POWER

     

    0

     

    8

    SHARED VOTING POWER

     

    0

     

    9

    SOLE DISPOSITIVE POWER

     

    0

     

    10

    SHARED DISPOSITIVE POWER

     

    0

     

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0

     

    12

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     

    o

     

    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

     

    0%

     

    12

    TYPE OF REPORTING PERSON

     

    OO

     

     

    Page 5 of 10 Pages
     

     

    Item 1.Security and Issuer

     

    This Statement on Schedule 13D (this “Statement”) relates to shares of Common Stock, par value $0.001 per share (the “Common Stock” or “Shares”) of Jounce Therapeutics, Inc., a Delaware corporation (the “Issuer”). The address of the principal executive offices of the Issuer is 780 Memorial Drive, Cambridge, MA 02139.

     

    Item 2.Identity and Background

     

    This Statement is filed by Tang Capital Partners, LP, a Delaware limited partnership engaged in capital management (“Tang Capital Partners”); Tang Capital Management, LLC, a Delaware limited liability company that is the general partner of Tang Capital Partners (“Tang Capital Management”); Concentra Biosciences, LLC, a Delaware limited liability company (“Concentra”) and Kevin Tang, a United States citizen who is the manager of Tang Capital Management and Chief Executive Officer of Concentra (“Kevin Tang” and, collectively with Tang Capital Partners, Tang Capital Management and Concentra, the “Reporting Persons”). The address of each of the Reporting Persons is 4747 Executive Drive, Suite 210, San Diego, CA 92121.

     

    During the past five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

     

    Item 3.Source and Amount of Funds or Other Consideration

     

    The Common Stock was acquired with approximately $6.5 million of working capital set aside by Tang Capital Partners for the general purpose of investing. Tang Capital Partners, LP maintains commingled margin accounts with various financial institutions, which may extend margin credit to Tang Capital Partners, LP as and when required, to open or carry positions in the margin accounts, subject to applicable federal margin regulations, stock exchange rules and credit policies. In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the accounts. The margin accounts may from time to time have debit balances. Since multiple different securities are held in the margin accounts, it is not possible to determine the amounts, if any, of margin used to purchase the shares of Common Stock reported herein.

     

    Item 4.Purpose of Transaction

     

    The Reporting Persons purchased the Common Stock reported hereunder for investment purposes, and such purchases were made in the Reporting Persons’ ordinary course of business. As with their other investments, the Reporting Persons continuously evaluate the Issuer, including but not limited to its businesses, results of operations, and prospects. In light of that ongoing evaluation, on March 14, 2023, Concentra, an affiliate of Tang Capital Partners, sent an acquisition proposal to the Issuer outlining the principal terms on which it would acquire all of the outstanding Common Stock of the Issuer (see Exhibit 2). The acquisition proposal provides that it is non-binding and subject to confirmatory diligence, as well as the execution of a definitive merger agreement. The Reporting Persons (excluding Concentra) are filing this Statement as an amendment to their Schedule 13G previously filed on March 6, 2023. The Reporting Persons intend to engage in discussions with the Issuer and its representatives concerning the acquisition proposal and the proposal contained therein and to enter into negotiations with the Issuer with respect thereto. There can be no certainty as to whether discussions will occur, or if they do, the outcome of such discussions.

     

    While the Reporting Persons intend to pursue the proposal described in the acquisition proposal, in connection with their investment in the Issuer, the Reporting Persons may, subject to applicable law and regulation, further purchase, hold, vote, trade, dispose of or otherwise deal in the Common Stock at times, and in such manner, as they deem advisable to benefit from, among other things: (1) changes in the market prices of the shares of Common Stock; (2) changes in the Issuer’s operations, business strategy or prospects; or (3) the sale or merger of the Issuer. To evaluate such alternatives, the Reporting Persons will continue to closely monitor the Issuer’s operations, prospects, business development, management, competitive and strategic matters, capital structure, and prevailing market conditions, as well as other economic, securities markets and investment considerations. Consistent with their investment research methods and evaluation criteria, the Reporting Persons may discuss such matters with the management or Board of Directors of the Issuer, industry analysts, existing or potential strategic partners or competitors and investment and financing professionals. Such evaluations and discussions may materially affect, and result in, among other things, the Reporting Persons (1) consummating the transaction contemplated by the acquisition proposal; (2) modifying their ownership of the Common Stock; (3) exchanging information with the Issuer pursuant to appropriate confidentiality or similar agreements; (4) proposing changes in the Issuer’s operations, governance or capitalization; or (5) pursuing one or more of the other actions described in Item 4 of this Schedule 13D.

     

    Page 6 of 10 Pages
     

     

    In addition to the information disclosed in this Statement, the Reporting Persons reserve the right to: (1) formulate other plans and proposals; (2) take any actions with respect to their investment in the Issuer, including any or all of the actions set forth in Item 4 of this Schedule 13D; and (3) subject to applicable law and regulation, acquire additional shares of Common Stock or dispose of some or all of the shares of Common Stock beneficially owned by them, in each case in the open market, through privately negotiated transactions or otherwise. The Reporting Persons may at any time reconsider and/or change their plans or proposals relating to the foregoing.

     

    Item 5.Interest in Securities of the Issuer

     

    (a)        Tang Capital Partners beneficially owns 5,300,087 shares of the Issuer’s Common Stock. Tang Capital Partners shares voting and dispositive power over such shares with Tang Capital Management and Kevin Tang.

     

    Tang Capital Management beneficially owns 5,300,087 shares of the Issuer’s Common Stock. Tang Capital Management shares voting and dispositive power over such shares with Tang Capital Partners and Kevin Tang.

     

    Kevin Tang beneficially owns 5,300,087 shares of the Issuer’s Common Stock. Kevin Tang shares voting and dispositive power over such shares with Tang Capital Partners and Tang Capital Management.

     

    The percentages used herein are based on 52,140,277 shares of Common Stock outstanding as of March 7, 2023, as set forth in the Issuer’s Annual Report filed on Form 10-K that was filed with the Securities and Exchange Commission on March 10, 2023.

     

    Percent of Class:

     

    Tang Capital Partners 10.2%
    Tang Capital Management 10.2%
    Kevin Tang 10.2%
    Concentra

    0.0%

     

    (b)          Number of shares as to which such person has:

     

    (i)sole power to vote or to direct the vote:

     

    Tang Capital Partners 0 shares
    Tang Capital Management 0 shares
    Kevin Tang 0 shares
    Concentra

    0 shares 

     

    (ii)shared power to vote or to direct the vote:

     

    Tang Capital Partners 5,300,087 shares
    Tang Capital Management 5,300,087 shares
    Kevin Tang 5,300,087 shares
    Concentra

    0 shares 

     

    (iii)sole power to dispose or to direct the disposition of:

     

    Tang Capital Partners 0 shares
    Tang Capital Management 0 shares
    Kevin Tang 0 shares
    Concentra

    0 shares 

     

    Page 7 of 10 Pages
     

     

    (iv)shared power to dispose or to direct the disposition of:

     

    Tang Capital Partners 5,300,087 shares
    Tang Capital Management 5,300,087 shares
    Kevin Tang 5,300,087 shares
    Concentra

    0 shares

     

     

    (c)       The following describes all transactions in the Issuer’s Common Stock that were effected during the past 60 days by the Reporting Persons:

     

    Transaction Date Nature of Transaction Price Per Share Quantity
    2/23/2023 Purchase $1.25 4,666,4001
    2/24/2023 Purchase $1.11 189,5032
    2/27/2023 Purchase $1.20 144,0973
    3/10/2023 Purchase $0.97 39,4654
    3/13/2023 Purchase $0.97 240,3365
    3/14/2023 Purchase $1.02 20,2866

     

    (d)       No person other than a Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Common Stock beneficially owned by the Reporting Persons.

     

    (e)       Not applicable.

     

    Item 6.Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

     

    To the best of the knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or between the Reporting Persons and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

     

     

    _____________________________

     

    1 The prices reported are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $1.09 to $1.30. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the SEC staff, upon request, all information regarding the number of shares purchased at each price within the ranges set forth in Footnotes 1 through 6 herein.

    2 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $1.05 to $1.17.

    3 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $1.11 to $1.25.

    4 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $0.86 to $1.05.

    5 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $0.94 to $1.01.

    6 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $1.00 to $1.02.

     

    Page 8 of 10 Pages
     

     

    Item 7.Material to Be Filed as Exhibits

     

    Exhibit 1:     Joint Filing Agreement by and among the Reporting Persons.

     

    Exhibit 2:     Acquisition Proposal, dated March 14, 2023, sent from Concentra to the Issuer.

     

    Page 9 of 10 Pages
     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Date: March 14, 2023  

     

    TANG CAPITAL PARTNERS, LP  
         
    By:  Tang Capital Management, LLC, its General Partner  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Manager  
         
         
    TANG CAPITAL MANAGEMENT, LLC  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Manager  
         
    /s/ Kevin Tang  
    Kevin Tang  
         
    CONCENTRA BIOSCIENCES, LLC  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Chief Executive Officer  

     

    Page 10 of 10 Pages
     

     

    EXHIBIT 1

     

    JOINT FILING AGREEMENT

     

    In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13D referred to below) on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock, par value $0.001, of Jounce Therapeutics, Inc., and that this Agreement be included as an Exhibit to such joint filing. The Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

     

    IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 14th day of March, 2023.

     

    TANG CAPITAL PARTNERS, LP  
         
    By:  Tang Capital Management, LLC, its General Partner  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Manager  
         
         
    TANG CAPITAL MANAGEMENT, LLC  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Manager  
         
    /s/ Kevin Tang  
    Kevin Tang  
         
    CONCENTRA BIOSCIENCES, LLC  
         
    By: /s/ Kevin Tang  
    Kevin Tang, Chief Executive Officer  

     

       
     

     

    EXHIBIT 2

     

    Concentra Biosciences, LLC

    4747 Executive Drive, Suite 210 | San Diego, CA 92121

     

     

     

     

    March 14, 2023

     

    Board of Directors
    Jounce Therapeutics, Inc.
    c/o Richard Murray, Chief Executive Officer
    780 Memorial Drive
    Cambridge, Massachusetts 02139

     

    Re:       Acquisition Proposal

     

    Dear Directors:

     

    On behalf of Concentra Biosciences, LLC, I am pleased to submit this non-binding proposal to acquire 100% of the equity of Jounce Therapeutics, Inc. for $1.80 per share in cash, which represents an 80% premium to yesterday’s closing price, plus a contingent value right (“CVR”) representing the right to receive 80% of the net proceeds payable from any license or disposition of certain of Jounce’s legacy programs1 (the “CVR Products”). The terms of the CVR would be identical to those set forth in Jounce’s Form 8-K filed February 23, 2023 reporting its proposed business combination with Redx Pharma plc.

     

    Concentra has funds immediately available to execute this transaction through an arrangement with Tang Capital Partners, LP, its controlling shareholder. Furthermore, the management of Concentra has the expertise and resources to both maximize the value of the CVR for the benefit of legacy Jounce stockholders and responsibly wind down clinical study activities for the benefit of patients.

     

    Our proposal is subject to limited confirmatory due diligence and is based on the availability of at least $130 million of cash and cash equivalents at closing, net of any tail and closing costs, as referenced in Jounce’s February 23, 2023 press release discussing the Redx business combination. We expect that we can complete due diligence and negotiate a definitive merger agreement by March 31, 2023 and would be able to close our acquisition through a cash tender by early May 2023.

     

    We believe that our proposal represents a compelling offer for Jounce stockholders. We hope that you share this view and look forward to discussing our proposal with you further. We would appreciate a response by 5pm ET on March 17, 2023, at which point this offer will expire.

     

      Sincerely,  
         
         
         
      Kevin Tang
    Chief Executive Officer
     

     

     

     

    1 JTX-8064, vopratelimab, pimivalimab, JTX-1484 and JTX-2134

     

     

     

     

     

     

     

    Get the next $JNCE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $JNCE

    DatePrice TargetRatingAnalyst
    5/11/2022$15.00 → $7.00Outperform → Neutral
    Robert W. Baird
    5/6/2022$15.00 → $20.00Outperform → Strong Buy
    Raymond James
    3/16/2022$17.00Outperform
    SMBC Nikko
    2/4/2022Market Perform → Outperform
    Cowen & Co.
    11/5/2021$10.00 → $15.00Outperform
    Raymond James
    9/14/2021$10.00Market Perform → Outperform
    Raymond James
    More analyst ratings

    $JNCE
    Financials

    Live finance-specific insights

    See more
    • Redx and Jounce Announce Recommended Business Combination

      Combined group will have a strong clinical pipeline and proven expertise in the discovery and development of highly selective therapeutics for the treatment of cancer and fibrotic disease RXC007, a next-generation selective ROCK2 inhibitor, to lead clinical pipeline; portfolio to include discovery projects from both Redx and Jounce Combined group to be called Redx Inc. listed on Nasdaq under the ticker REDX and led by Redx CEO Lisa Anson with cash runway into H2 2025 ALDERLEY PARK, United Kingdom and CAMBRIDGE, Mass., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Redx Pharma (AIM: REDX) and Jounce Therapeutics, Inc. (NASDAQ:JNCE) today announce an unanimously recommended Business Combination of the

      2/23/23 2:30:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics Reports Third Quarter 2022 Financial Results

      - INNATE trial of JTX-8064 +/- pimivalimab Phase 1 Dose Escalation data at ESMO-IO Annual Congress - - SELECT randomized trial of pimivalimab +/- vopratelimab phase 2 data at ESMO-IO Annual Congress - - Two preclinical posters on JTX-1484 and LILRB family at SITC 2022 - - Ended the quarter with $130.3 million in cash, cash equivalents and investments - - Company to host conference call and webcast today at 8:00 AM ET - CAMBRIDGE, Mass., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today reported financial results for the third quart

      11/10/22 7:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics to Announce Third Quarter 2022 Financial Results and Host Conference Call on Thursday, November 10, 2022

      CAMBRIDGE, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced that it will report third quarter 2022 financial results and provide a corporate update on Thursday, November 10, 2022. Jounce Therapeutics' management team will host a webcast and live conference call at 8:00 a.m. ET. Conference Call and WebcastTo access the conference call, please register here and please be advised to do so at least 10 minutes prior to joining the call. The live webcast can be accessed under "Events & Presentations" in the Investors and Me

      10/27/22 8:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $JNCE
    SEC Filings

    See more
    • SEC Form 15-12G filed by Jounce Therapeutics Inc.

      15-12G - Jounce Therapeutics, Inc. (0001640455) (Filer)

      5/15/23 7:40:24 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form EFFECT filed by Jounce Therapeutics Inc.

      EFFECT - Jounce Therapeutics, Inc. (0001640455) (Filer)

      5/5/23 12:15:08 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form EFFECT filed by Jounce Therapeutics Inc.

      EFFECT - Jounce Therapeutics, Inc. (0001640455) (Filer)

      5/5/23 12:15:07 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $JNCE
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $JNCE
    Leadership Updates

    Live Leadership Updates

    See more
    • Jounce Therapeutics Announces Closing of Tender Offer

      CAMBRIDGE, Mass., May 03, 2023 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE) ("Jounce" or the "Company"), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced that Concentra Biosciences, LLC ("Concentra"), through its wholly owned subsidiary Concentra Merger Sub, Inc. ("Concentra Merger Sub"), has successfully completed the previously announced tender offer to acquire all outstanding shares of the common stock of Jounce for $1.85 per share in cash plus a non-tradeable contingent value right (a "CVR") per share. The $1.85 per share upfront consideration represents a premium of approximately

      5/3/23 8:35:17 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Termination of Proposed Business Combination of Jounce Therapeutics, Inc. and Redx Pharma plc

      NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. CAMBRIDGE, Mass., April 03, 2023 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. ("Jounce" or the "Company") and Redx Pharma plc ("Redx") have agreed to terminate their proposed business combination following the decision by Jounce's Board of Directors to withdraw the recommendation for the all-share merger transaction with Redx (the "Redx Business Combination"). Jounce's decision was based upon the receipt of an unsolicited proposal from Concentra Biosciences, LLC ("Conc

      4/3/23 2:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics Enters Into Agreement to Be Acquired by Concentra Biosciences for $1.85 in Cash per Share Plus Contingent Value Rights

      NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. CAMBRIDGE, Mass., March 27, 2023 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE) ("Jounce" or the "Company"), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced it has entered into a definitive merger agreement whereby Concentra Biosciences, LLC ("Concentra") will acquire Jounce for $1.85 in cash per share plus a non-tradeable contingent value right (the "CVR"). The $1.85 per share upfront con

      3/27/23 9:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics Appoints Jigar Raythatha to its Board of Directors

      CAMBRIDGE, Mass., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced the appointment of former chief executive officer of Constellation Pharmaceuticals and former Jounce chief business officer, Jigar Raythatha, to its board of directors. "It's incredibly exciting to welcome Jigar to our board of directors. Not only does Jigar bring over 20 years of biotechnology industry experience, but he also comes with a unique position as an early employee of the company at its inception," said Richard Murray, Ph.D., chief executive offic

      9/15/21 8:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics Appoints Dmitri Wiederschain, Ph.D., as Chief Scientific Officer

      CAMBRIDGE, Mass., April 12, 2021 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ:JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced the appointment of Dmitri Wiederschain, Ph.D., as Chief Scientific Officer. "The addition of Dmitri to the Jounce team comes at an exciting juncture in our company development," said Richard Murray, Ph.D., chief executive officer and president of Jounce Therapeutics. "Dmitri brings a broad knowledge of contemporary immuno-oncology approaches, tumor immunology and cancer biology. His expertise with preclinical target discovery and first-in-human research will

      4/12/21 8:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics Appoints Luisa Salter-Cid, Ph.D., to its Board of Directors

      CAMBRIDGE, Mass., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Jounce Therapeutics, Inc. (NASDAQ: JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today announced the appointment of Luisa Salter-Cid, Ph.D., to its board of directors. “We are thrilled to welcome Luisa to our board of directors,” said Perry Karsen, chairman of the board of Jounce Therapeutics. “Luisa brings over 20 years of experience in the healthcare industry, specifically in immunology and immuno-oncology, and we look forward to the unique and valuable perspective that her strategic leadership will bring to Jounce.” Dr. Salter-Cid currently serves a

      2/12/21 8:00:00 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $JNCE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Jounce Therapeutics Inc. (Amendment)

      SC 13G/A - Jounce Therapeutics, Inc. (0001640455) (Subject)

      2/14/24 8:50:07 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form SC 13G filed by Jounce Therapeutics Inc.

      SC 13G - Jounce Therapeutics, Inc. (0001640455) (Subject)

      2/9/24 4:05:34 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form SC 13G/A filed by Jounce Therapeutics Inc. (Amendment)

      SC 13G/A - Jounce Therapeutics, Inc. (0001640455) (Subject)

      2/2/24 12:28:25 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $JNCE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Concentra Biosciences, Llc

      4 - Jounce Therapeutics, Inc. (0001640455) (Issuer)

      5/5/23 4:38:21 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form 4 filed by Tang Kevin C

      4 - Jounce Therapeutics, Inc. (0001640455) (Issuer)

      5/5/23 4:37:26 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SEC Form 3: New insider Concentra Biosciences, Llc claimed ownership of 36,367,727 shares

      3 - Jounce Therapeutics, Inc. (0001640455) (Issuer)

      5/5/23 4:35:30 PM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $JNCE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Jounce Therapeutics downgraded by Robert W. Baird with a new price target

      Robert W. Baird downgraded Jounce Therapeutics from Outperform to Neutral and set a new price target of $7.00 from $15.00 previously

      5/11/22 6:18:27 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Jounce Therapeutics upgraded by Raymond James with a new price target

      Raymond James upgraded Jounce Therapeutics from Outperform to Strong Buy and set a new price target of $20.00 from $15.00 previously

      5/6/22 7:22:10 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • SMBC Nikko initiated coverage on Jounce Therapeutics with a new price target

      SMBC Nikko initiated coverage of Jounce Therapeutics with a rating of Outperform and set a new price target of $17.00

      3/16/22 7:50:25 AM ET
      $JNCE
      Biotechnology: Pharmaceutical Preparations
      Health Care