Vaccinex raises $2.15M in private placement of stock and pre-funded warrants

VACCINEX, INC.

Issued 76,909 shares at $3.25/share and pre-funded warrants for 584,646 shares at $3.2499 each.
Private placement closed Nov 14, 2024; aggregate gross proceeds of approx. $2.15 million.
Investors include FCMI Parent Co. (controlled by Chair Albert Friedberg) and Vaccinex (Rochester) L.L.C. (controlled by CEO Maurice Zauderer).
Pre-funded warrants exercisable immediately at $0.0001/share with a 39.99% beneficial ownership limitation.
Agreement includes participation rights in any subsequent offering and customary resale registration rights.

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