secwatch.observer — SEC 8-K summary
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Issuer:     MUSTANG BIO, INC. (MBIO)
CIK:        0001680048
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001104659-24-074043
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mustang Bio raises $2.5M in registered direct offering and private placement
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- Issued 3,025,000 common shares and 3,105,000 pre-funded warrants (collectively 6,130,000 shares/equivalents) at $0.41/unit.
- Concurrent private placement of 6,130,000 warrants with $0.41 exercise price, exercisable after stockholder approval for 5 years.
- Gross proceeds ~$2.5M; net proceeds for working capital and general corporate purposes.
- H.C. Wainwright as placement agent; paid 7% cash fee plus warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680048/000110465924074043/0001104659-24-074043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680048/000110465924074043/tm2417829d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-074043

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