other material
confidence high
sentiment neutral
materiality 0.50
RA Capital exchanges 535k FDMT shares for pre-funded warrant at $0.0001 strike
4D Molecular Therapeutics, Inc.
- RA Capital Healthcare Fund exchanged 535,000 shares of common stock for a pre-funded warrant to purchase 535,000 shares at $0.0001 per share.
- Warrant is immediately exercisable, never expires, and includes a 9.99% beneficial ownership blocker.
- Issued under Section 3(a)(9) exemption; no new cash proceeds to the company.
- Warrant terms adjust for stock splits, dividends, and asset distributions.