---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-036057"
form_type: "8-K"
ticker: "ZURA"
cik: "0001855644"
company_name: "Zura Bio Ltd"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:19:25.689036+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Zura Bio exchanges 6.5M shares for pre-funded warrants at $0.001/share

## Summary
- Venrock surrenders 3.5M shares; AI Biotechnology surrenders 3.0M shares for no consideration.
- Company issues pre-funded warrants to purchase same number of shares at $0.001 per share, no expiration.
- Post-closing expected shares: 61,874,998 outstanding Class A; 30,384,348 pre-funded warrants.
- Warrants exercisable immediately with 9.99% beneficial ownership limitation; exempt under Section 3(a)(9).
- No commissions paid; warrants substantially identical to form filed April 22, 2024.

## SEC filing metadata
- accession: 0001104659-25-036057
- form_type: 8-K
- ticker: ZURA
- cik: 0001855644
- company_name: Zura Bio Ltd
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855644/000110465925036057/0001104659-25-036057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855644/000110465925036057/tm2512482d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-036057
- JSON: https://secwatch.observer/filing/0001104659-25-036057.json
- Plain text: https://secwatch.observer/filing/0001104659-25-036057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.