Acquired Company

Hyperliquid Strategies completed a business combination with Sonnet BioTherapeutics Holdings, Inc. on 12/02/2025, after which Sonnet became a wholly-owned subsidiary of Hyperliquid.

Sonnet BioTherapeutics Holdings, Inc., an oncology-focused biotech company, develops a platform for single-acting or bispecific biologics. The company is headquartered in Princeton, New Jersey. Show more

100 OVERLOOK CENTER, PRINCETON, NJ, UNITED STATES, 08540, Princeton, NJ, 08540, USA

https://www.sonnetbio.com

BIOTECHNOLOGY

HEALTHCARE

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Market Cap

8.603M

52 Wk Range

$1.08 - $10.38

Previous Close

$3.10

Open

$3.16

Volume

10,456,154

Day Range

$1.26 - $3.23

Enterprise Value

8.35M

Cash

321.3K

Avg Qtr Burn

-1.759M

Insider Ownership

4.25%

Institutional Own.

9.95%

Qtr Updated

06/30/25

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Drug & Indication	Stage & Event	Catalyst Date
SON-080 Details Chemotherapy-Induced Peripheral Neuropathy & Diabetic Peripheral Neuropathy (DPN)	Phase 2 Initiation	Some catalyst date You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details.Sign up now.
SON-1010 + Atezolizumab Details Platinum-resistant ovarian cancer	Phase 1/2 Update	Some catalyst date You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details.Sign up now.
SON-1210 w/ chemotherapeutic agents Details Advanced Solid Tumors & Pancreatic cancer	Phase 1/2 Update	Some catalyst date You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details.Sign up now.
SON-1010 (IL12-FHAB) +/- Trabectedin Details Leiomyosarcoma (LMS) or liposarcoma (LPS)	Phase 1 Update	Some catalyst date You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details. You must sign up to see the catalyst details.Sign up now.