other material
confidence high
sentiment positive
materiality 0.65
Coya receives $5M strategic investment from ADDF for COYA 302 FTD trial
Coya Therapeutics, Inc.
- ADDF purchased 603,136 shares at $8.29/share for $5M gross proceeds in private placement.
- Funds will support COYA 302 development for frontotemporal dementia (FTD) Phase 2 trial.
- ADDF, focused on Alzheimer's and related dementias, backs combination therapy approach.
- Registration statement for resale of shares to be filed within 30 days and effective within 75 days.