Tevogen Founder Donates 230,000 Shares to Support Education Initiatives
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
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Source: Globenewswire
- Charitable Contribution: Tevogen's Founder and CEO, Dr. Ryan Saadi, donated 230,000 shares of common stock to SRLC USA, reflecting his commitment to education and underserved communities, which is expected to enhance the company's image in social responsibility.
- Compliance and Transparency: The donation was made in accordance with SEC Rule 144, ensuring that Dr. Saadi will not receive any proceeds from the disposal of the securities, thereby reinforcing investor trust in the company's governance and compliance practices.
- Social Impact: Dr. Saadi emphasized that education is a powerful long-term investment for building healthier and more equitable societies, and this donation will support SRLC USA's initiatives in underserved communities, potentially boosting Tevogen's reputation in social responsibility.
- Future Strategy: Tevogen aims to advance sustainable innovation through its socially integrated healthcare model and may explore strategic initiatives including domestic generics and medical devices to broaden patient access and increase market share.
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About TVGN
Tevogen Bio Holdings Inc. is a clinical-stage specialty immunotherapy company. The Company is harnessing CD8+ cytotoxic T lymphocytes (CD8+ CTLs), to develop off-the-shelf, genetically unmodified precision T cell therapies for the treatment of infectious diseases, cancers, and neurological disorders, aiming to address the unmet needs of patient populations. Its first product candidate, TVGN 489, has developed to fill a critical gap in COVID-19 therapeutics for the immunocompromised and the high-risk elderly, with potential applications in both treatment and prevention of chronic lingering symptoms of the disease. Its TVGN 601 is being developed for multiple sclerosis (MS), and its TVGN 930 is being developed for EBV-associated lymphomas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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