01:41 PM EDT, 09/24/2024 (MT Newswires) -- Banzai International ( BNZI ) said Tuesday its lenders and service providers agreed to write off up to $5.6 million of outstanding liabilities and restructure $19.2 million of existing debt obligations.

Shares almost doubled as intraday trading volume soared to over 51.6 million from a daily average of about 1.05 million.

Seelos Therapeutics ( SEEL ) said Tuesday its SLS-002 was selected for inclusion in the US Department of Defense's Military and Veterans Adaptive Platform Clinical Trial to evaluate its potential for treatment of post-traumatic stress disorder.

Shares surged 81% as intraday trading volume climbed to more than 308 million from a daily average of about 2.04 million.

Wave Life Sciences ( WVE ) shares soared 50% after the company reported Tuesday "positive" interim data from a phase 2 trial of WVE-N531 to treat boys with Duchenne muscular dystrophy who are amenable to exon 53 skipping.

More than 11.7 million shares were traded intraday, compared with a daily average of about 897,000.

Price: 8.14, Change: +3.94, Percent Change: +93.69