---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-004532"
form_type: "8-K"
ticker: "MTVA"
cik: "0001638287"
company_name: "MetaVia Inc."
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:51:56.511365+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MetaVia closes $9.3M public offering with full over-allotment; net proceeds ~$7.7M for DA-1726

## Summary
- Closed offering of 3,005,574 shares/equivalents + 4,508,361 Series C and Series D Warrants at $3.10 each.
- Net proceeds to MetaVia approximately $7.7 million after underwriting discounts and expenses.
- Series C Warrants ($3.10 exercise, 5-year term); Series D Warrants ($3.10 exercise, 2-year term, callable).
- Series D Warrants callable after positive Phase 1b Part III data for DA-1726 and stock price >$4.65 for 20 days.
- Proceeds to fund working capital and clinical development of DA-1726 for obesity treatment.

## SEC filing metadata
- accession: 0001104659-26-004532
- form_type: 8-K
- ticker: MTVA
- cik: 0001638287
- company_name: MetaVia Inc.
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638287/000110465926004532/0001104659-26-004532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638287/000110465926004532/tm263364d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-004532
- JSON: https://secwatch.observer/filing/0001104659-26-004532.json
- Plain text: https://secwatch.observer/filing/0001104659-26-004532.txt

## Key facts
- Material Agreements
  MetaVia Inc. entered into Underwriting Agreement with Ladenburg Thalmann & Co. Inc. valued at Issued and sold 614,840 Class A Units at $3.10 per unit and 1,998,704 Class B Units at $3.099 per un (effective 2026-01-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Ladenburg Thalmann & Co. Inc.
  - Value: Issued and sold 614,840 Class A Units at $3.10 per unit and 1,998,704 Class B Units at $3.099 per un
  - Effective: 2026-01-15
  source text: On January 15, 2026, MetaVia Inc. (the “ Company ”) entered into an Underwriting Agreement (the “ Underwriting Agreement ”) with Ladenburg Thalmann & Co. Inc. (the “ Underwriter ”), pursuant to which the Company issued and sold, in an underwritten public offering by the Company (the “ Public Offering ”), (i) 614,840 Class A Units (the “ Class A Units ”), with each Class A Unit consisting of (A) one share of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), (B) 1.5 Series C Common Warrants to purchase 1.5 shares of Common Stock (the “ Series C Common Warrants ”), and (C) 1.5 Series D Common Warrants to purchase 1.5 shares of Common Stock, at a price of $3.10 per Class A Unit, and (ii) 1,998,704 Class B Units (the “ Class B Units ”), with each Class B Unit consisting of (A) one pre-funded warrant (the “ Pre-Funded Warrants ” and, together with the Series C Common Warrants and the Series D Common Warrants, the “ Warrants ”) to purchase one share of Common Stoc
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638287/000110465926004532/0001104659-26-004532-index.htm

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