secwatch.observer — SEC 8-K summary
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Issuer:     MUSTANG BIO, INC. (MBIO)
CIK:        0001680048
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001104659-23-112515
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mustang Bio raises ~$4.4M in registered direct offering with warrants
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- Gross proceeds of ~$4.4M before fees; offering includes 2,588,236 shares (or equivalents) at $1.70 each.
- Concurrent private placement of warrants to purchase 2,588,236 shares at $1.58, exercisable for 5.5 years.
- Net proceeds to be used for working capital and general corporate purposes.
- Placement agent H.C. Wainwright received 7.0% cash fee and 155,294 warrants exercisable at $2.125.
- Offering closed on October 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680048/000110465923112515/0001104659-23-112515-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680048/000110465923112515/tm2329367d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-112515

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer