AIM ImmunoTech prices USD 2.4 million registered direct offering at USD 0.33/share
AIM ImmunoTech Inc. Common Stock
AIM ImmunoTech Inc. Common Stock AIM | 0.00 |
- AIM ImmunoTech priced a $2.4 million registered direct offering of 7,519,351 common shares, or common stock equivalents, at USD 0.33 per share.
- A concurrent private placement will issue unregistered Series I warrants to buy up to 15,038,702 shares at an exercise price of USD 0.33, subject to stockholder approval.
- The Series I warrants expire five years from the initial exercise date.
- Closing is expected on or about May 21, 2026.
- Proceeds are earmarked for clinical drug supply manufacturing, planned Phase 3 trial activities, and working capital.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIM ImmunoTech Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605201502PRIMZONEFULLFEED9724144) on May 20, 2026, and is solely responsible for the information contained therein.
