other material
confidence high
sentiment neutral
materiality 0.60
Coya raises $10M via private placement of 1,379,314 shares at $7.25; cash $31M as of Sep 30
Coya Therapeutics, Inc.
- 1,379,314 shares at $7.25 per share; gross proceeds of ~$10.0M.
- Majority of investors are existing institutional stockholders of Coya.
- Net proceeds for general corporate, preclinical/clinical/regulatory activities.
- Preliminary cash and cash equivalents of ~$31.0M as of Sep 30, 2024.
- Closing expected on or about October 23, 2024, subject to customary conditions.