Lite Strategy Inc.
Organization details
- Legal name
- Lite Strategy Inc.
- Former names
- MEI Pharma, Inc. Marshall Edwards Inc
- Ownership
- Public
- Status
- Active
- Sector (GICS)
- Health Care
- SIC code
- 2834 — Pharmaceutical Preparations
- Jurisdiction of incorporation
- Delaware
- Headquarters city
- SAN Diego
- Headquarters state / province
- California
- Headquarters country
- United States
- Fiscal year end
- June
- Ticker symbol
- LITS
- Primary stock exchange
- Nasdaq
Identifiers
- SEC CIK
- 0001262104
- EIN
- 51-0407811
Board of directors
-
Charles Benjamin Lee · DirectorSince 2025
-
Charles V. Baltic III · DirectorSince 2023
-
Daniel P. Gold Ph.D. · DirectorSince 2023
-
David M. Urso · Director · President and CEOSince 2023
-
Frederick W. Driscoll · DirectorSince 2023
-
James P. Flynn · DirectorSince 2023
-
Joshua Riezman · DirectorSince 2025
-
Justin J. File · Director · CEO, CFO and SecretarySince 2025
-
Nicholas Glover · DirectorSince 2023
-
Steven D. Wood · DirectorSince 2023
-
Sujay Kango · DirectorSince 2023
-
Taheer Datoo · DirectorSince 2023
-
Tamar D. Howson · DirectorSince 2023
-
Thomas C. Reynolds · DirectorSince 2023
Chief executives
Director election results
Annual meeting of February 12, 2026. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.
-
61.3%
-
61.3%
Board connections
5 of this board's directors also sit on 6 other boards. 5 are in the same sector.
-
Cue Biopharma Inc. Same sectorvia Frederick W. Driscoll and Tamar D. Howson
- via Charles Benjamin Lee
-
Cellectar Biosciences Inc. Same sectorvia Frederick W. Driscoll
-
Dianthus Therapeutics Inc. Same sectorvia Sujay Kango
-
Immunic Inc. Same sectorvia Tamar D. Howson
-
Oruka Therapeutics Inc. Same sectorvia James P. Flynn
Insider trades
All notable trades →From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.
- Bought, last 12 months
- $142,248
- 3 purchases by 1 insider
- Sold, last 12 months
- $946,137
- 1 sale by 1 insider
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Jun 24, 2026 | James P. Flynn Director | Open-market purchase | +25,000 | $0.86 | $21,500 |
| Dec 19, 2025 | James P. Flynn Director | Open-market purchase | +70,000 | $1.40 | $98,000 |
| Dec 18, 2025 | Schornstein Alexander 10% owner | Open-market sale | −690,611 | $1.37 | $946,137 |
| Nov 19, 2025 | James P. Flynn Director | Open-market purchase | +12,100 | $1.88 | $22,748 |
| Sep 30, 2025 | James P. Flynn Director | Grant or award | +10,000 | $2.54 | $25,400 |
| Jul 23, 2025 | Nicholas Glover Director | Open-market purchase | +1,000 | $6.00 | $6,000 |
| Jul 22, 2025 | Nicholas Glover Director | Open-market purchase | +1,000 | $6.55 | $6,550 |
| May 17, 2024 | Steven D. Wood Director | Grant or award | +3,100 | $3.17 | $9,827 |
| May 16, 2024 | James P. Flynn Director | Grant or award | +7,900 | $3.16 | $24,964 |
| Oct 20, 2023 | Funicular Funds, LP 10% owner | In-the-money exercise | +120,600 | $7.00 | $844,200 |
| Oct 20, 2023 | Kassam Moez 10% owner | In-the-money exercise | +143,200 | $7.00 | $1,002,400 |
| Oct 20, 2023 | Kassam Moez 10% owner | In-the-money exercise | +35,800 | $7.00 | $250,600 |
| Oct 11, 2023 | Ma-Weaver Jacob 10% owner | In-the-money exercise | +30,000 | $7.00 | $210,000 |
| Oct 11, 2023 | Anson Funds Management LP 10% owner | In-the-money exercise | +40,000 | $7.00 | $280,000 |
| Oct 11, 2023 | Anson Funds Management LP 10% owner | In-the-money exercise | +10,000 | $7.00 | $70,000 |
Peers
Compare boardsOrganizations in the same sector, closest in location and size first.
Questions about Lite Strategy Inc.
Who is the CEO of Lite Strategy Inc.?
David M. Urso is Lite Strategy Inc.'s President and CEO.
How many directors are on Lite Strategy Inc.'s board?
Lite Strategy Inc.'s board has 14 directors: Charles Benjamin Lee, Charles V. Baltic III, Daniel P. Gold Ph.D., David M. Urso, Frederick W. Driscoll, James P. Flynn, Joshua Riezman, Justin J. File, Nicholas Glover, Steven D. Wood and 4 others.
Are Lite Strategy Inc. insiders buying or selling shares?
Over the last 12 months, Lite Strategy Inc. insiders bought $142,248 of shares in 3 purchases and sold $946,137 of shares in 1 sale on the open market, as reported to the SEC on Forms 4 and 5.
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