other material
confidence high
sentiment negative
materiality 0.15
Mustang Bio shareholders approve issuance of up to 5.48M shares underlying warrants
MUSTANG BIO, INC.
- Written consent signed by holders of ~56% of voting power authorizing warrant share issuance under Nasdaq Rule 5635(d).
- Issuance covers up to 5,475,082 shares of common stock underlying warrants issued to H.C. Wainwright & Co. and accredited investors.
- Consent holders: 131,052 common shares and 250,000 Class A Preferred shares (each with ~8.4 votes).
- Definitive information statement on Schedule 14C to be filed and sent to stockholders.