secwatch.observer — SEC 8-K summary
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Issuer:     MUSTANG BIO, INC. (MBIO)
CIK:        0001680048
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001104659-24-056459
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mustang Bio closes $4M public offering of shares and warrants; amends existing warrants
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- Gross proceeds of $4M from offering of shares and warrants at $0.237 per combined unit.
- Net proceeds ~$3.3M; potential additional $12M if all series A-1, A-2, A-3 warrants cash-exercised.
- Amended 2,588,236 existing warrants from $1.58 to $0.237 exercise price effective May 2.
- Offering includes 16.9M shares and three series of warrants each for 16.9M shares.
- H.C. Wainwright acted as placement agent; proceeds for working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680048/000110465924056459/0001104659-24-056459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680048/000110465924056459/tm2413360d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-056459

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