Summary by Futu AI
Cheryl Xu, associated with 60 Degrees Pharmaceuticals, completed a purchase of 2,000 shares of common stock on May 16, 2024. The transaction was executed at a price of $0.223 per share, resulting in a total investment of $446. Following the action, Xu's direct holdings in the company increased to 228,934 shares. The transaction is classified as an exercise or conversion of derivative security, according to the transaction code description.