Are there any upcoming clinical trial milestones that could significantly move the stock price? | CLDI (Aug 08, 2025) | Candlesense

Are there any upcoming clinical trial milestones that could significantly move the stock price?

Short answer:

The brief news excerpt you provided does not list any specific upcoming clinical‑trial milestones (e.g., data read‑outs, dose‑escalation decisions, or regulatory filings). Therefore, based solely on the information in the release, we cannot point to a particular trial event that is expected to move the stock price in the near term.


Why the answer is limited by the provided information

  • What the release contains: The GlobeNewswire announcement tells us that Calidi Biotherapeutics (ticker CLDI) has posted its Q2 2025 operating and financial results and “reviewed recent business highlights.”
  • What is missing: The excerpt does not name any ongoing or upcoming clinical‑trial programs, nor does it give dates for interim analyses, primary‑endpoint read‑outs, or filing deadlines (e.g., IND, NDA, or BLA submissions).

Because the question asks whether any upcoming trial milestones could “significantly move the stock price,” we need concrete milestone dates or data releases to assess the potential impact. Without those details, any speculation would be unfounded.


How to find the relevant milestones

  1. Read the full Calidi Q2 2025 earnings release (usually posted on the company’s investor‑relations website or on the GlobeNewswire page).

    • Companies typically list “Key Upcoming Milestones” in the “Management Discussion & Analysis” or in a “Milestones” table.
    • Look for items such as:
      • Phase 2/Phase 3 data read‑outs for the lead programs (e.g., CLDI‑001, CLDI‑002, etc.).
      • Regulatory filing dates (e.g., IND, NDA, or BLA submissions to the FDA or EMA).
      • Patient enrollment targets and expected completion dates for ongoing trials.
      • Corporate‑development events (e.g., partnership announcements, licensing deals).
  2. Check the company’s investor presentations (often a “Quarterly Update” slide deck accompanies earnings releases). These decks frequently include a timeline of upcoming milestones.

  3. Monitor the “Events & Presentations” calendar on Calidi’s investor‑relations site. Upcoming conference calls, investor days, or scientific meetings where data will be presented are also catalysts.

  4. Search the SEC filings (e.g., Form 8‑K, 10‑Q) around the same date. Companies are required to disclose material events, and any new trial enrollment updates or data‑release plans are usually filed there.


Typical milestones that could move a clinical‑stage biotech’s stock

Even though we can’t confirm any specific dates for Calidi, here’s a list of the kinds of trial events that historically have the greatest impact on share price for companies in this space:

Milestone Type Why it matters Typical price impact
Primary‑endpoint data read‑out (Phase 2 or Phase 3) First definitive evidence of efficacy and safety. Large moves (+10‑30 % if positive; –15‑40 % if negative).
Interim analysis (e.g., DSMB safety or efficacy) Early signal that can de‑risk or raise concerns. Moderate moves (±5‑15 %).
Regulatory filing (e.g., IND, NDA/BLA submission) Signals readiness to seek approval. Positive filings can lift (+5‑20 %); rejections or delays can depress (–10‑30 %).
Milestone‑based partnership or licensing deal Brings cash, validation, and broader development resources. Typically +5‑15 % on news.
Completion of patient enrollment Removes a major execution risk; often precedes data read‑out. Usually modest (+3‑10 %).
Safety‑signal or adverse‑event reporting Can dramatically alter risk profile. Can cause sharp declines (–20‑50 %).

If any of Calidi’s lead programs are slated to hit one of the above events in the next 3‑6 months, that would be the “significant” catalyst the question is looking for.


What to do next

  1. Locate the full Q2 2025 earnings release (search “Calidi Biotherapeutics Q2 2025 results” on the company’s website or on GlobeNewswire).
  2. Identify any “Upcoming Milestones” table—the company often lists dates for:

    • Phase 2 read‑outs for CLDI‑001 (or whichever program is the lead).
    • Phase 3 initiation or data‑read‑out for the next‑generation platform.
    • Regulatory interactions with the FDA (e.g., Type 2 meeting, IND filing).
  3. Cross‑check those dates with the calendar to see how soon they fall (e.g., a Phase 2 read‑out in September 2025 would be a near‑term catalyst).

If you find, for example, that a Phase 2 primary‑endpoint data set for the company’s flagship gene‑delivery platform is expected in Q4 2025, that would be a clear, high‑impact milestone. Conversely, if the next major data point is not until 2026, the short‑term price‑move potential is limited.


Bottom line

  • Based on the excerpt you posted: No explicit upcoming clinical‑trial milestones are mentioned, so we cannot point to a specific event that will “significantly move the stock price.”
  • Actionable step: Review the complete Q2 2025 earnings release (or the associated investor presentation/SEC filing) to locate any listed upcoming trial dates or regulatory filings. Those dates—if they fall within the next few months—are the likely catalysts that could drive the CLDI share price.

If you can share the full press release or the “Milestones” table, I can provide a more precise analysis of which specific trial events are expected and how they historically affect the stock.