other material
confidence high
sentiment neutral
materiality 0.50
Alaunos raises $500K via Series A-1 Convertible Preferred to Watermill Asset Management
Alaunos Therapeutics, Inc.
- 500 shares of Series A-1 Convertible Preferred at $1,000/share sold to Watermill Asset Management for $500K total.
- Preferred shares carry 10% annual dividend payable in kind; convertible to common at $2.76 per share.
- 1,601,252 common shares outstanding; preferred votes with common on as-converted basis.
- Closing occurred April 11, 2025; proceeds for general corporate purposes.