LPTX Overview

Penny Stocks to Watch: Leap Therapeutics, Amaze Holdings, and Salarius Pharmaceuticals are highlighted as key penny stocks to monitor on November 13, 2025, based on their Dollar Volume and market activity.

Leap Therapeutics Update: Leap Therapeutics (LPTX) experienced a significant stock price increase of over 368% after announcing plans to expand into digital asset investments and rebranding to "Cypherpunk Technologies" (CYPH).

Amaze Holdings Acquisition: Amaze Holdings (AMZE) saw a nearly 17% drop in stock price despite acquiring The Food Channel's assets for $650,000, aiming to enhance its creator-powered commerce platform.

Salarius Pharmaceuticals Recovery: Salarius Pharmaceuticals (SLRX) had a 17.4% stock price gain following a public offering to raise $7 million for research and debt repayment, reversing a previous 51% drop.

Stock Surge and Rebranding: Leap Therapeutics (LPTX) experienced a 368.6% stock surge after announcing a strategic shift towards digital asset investments and a rebranding to Cypherpunk Technologies, with a new ticker symbol CYPH.

Digital Asset Strategy: The company revealed a digital asset treasury strategy focused on accumulating Zcash (ZEC), using $50 million from a private placement to acquire 203,775 ZEC tokens, emphasizing its commitment to privacy-focused cryptocurrencies.

Financial Performance: For Q3 2025, Leap Therapeutics reported a net loss of $3.3 million, significantly reduced from $18.2 million in Q3 2024, attributed to lower expenses following workforce reductions and completed clinical trials.

Future Plans: The company aims to continue developing its cancer treatments while advancing its digital asset strategy, utilizing recent capital raises to support both biotech operations and digital initiatives, despite currently having no Wall Street coverage.

Market Performance: U.S. stocks showed mixed results, with the Dow rising 0.66% while the Nasdaq fell 0.65% and the S&P 500 dropped 0.13%. Health care shares increased by 1.1%, but communication services stocks fell by 1.7%.

Notable Stock Movements: On Holding's shares surged over 18% after reporting strong earnings, while Leap Therapeutics saw a 145% increase. Conversely, VisionSys AI's shares plummeted 77% following a direct offering announcement.

Commodity Trends: Oil prices decreased by 4.1% to $58.51, while gold rose by 2% to $4,199.90. Silver and copper also saw gains of 4.7% and 1.1%, respectively.

Global Market Overview: European shares rose, with the eurozone's STOXX 600 up 0.71%, and Asian markets mostly closed higher, led by Japan's Nikkei 225 and Hong Kong's Hang Seng.

U.S. Stock Market Performance: U.S. stocks showed mixed results, with the Dow Jones rising over 400 points, while the NASDAQ fell slightly. The S&P 500 also saw a modest increase, and financial shares experienced a notable jump of 1.2%.

Company Earnings Reports: IHS Holding Limited exceeded earnings expectations and raised its sales guidance for FY2025, reporting earnings of 44 cents per share. Leap Therapeutics and Creative Media & Community Trust Corporation also saw significant stock price increases following positive earnings announcements.

Market Movements: VisionSys AI Inc. faced a dramatic 77% drop in share price after announcing a direct offering, while other companies like Leifras Co., Ltd. and Graphjet Technology also experienced declines.

Global Market Trends: European and Asian markets generally closed higher, with notable gains in the eurozone and Japan, while mortgage applications in the U.S. increased by 0.6% in the first week of November.

Q3 Financial Performance: Cypherpunk Technologies reported a Q3 GAAP EPS of -$0.08.

Cash Position: As of September 30, 2025, the company had cash and cash equivalents totaling $9.7 million, prior to a significant private placement.

Private Placement Details: The company completed a $58.88 million private placement in October 2025.

Market Reaction: Leap Therapeutics, associated with Cypherpunk, secured $58.9 million in a PIPE deal, resulting in a 29% increase in shares.

Company Logos: The article features logos of Cypherpunk Technologies Inc. and Leap Therapeutics, highlighting their branding.

Industry Context: The mention of these companies suggests a focus on technology and therapeutics sectors, indicating potential developments or collaborations in these fields.