secwatch.observer — SEC 8-K summary
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Issuer:     IO Biotech, Inc. (IOBTQ)
CIK:        0001865494
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001193125-25-151511
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 3.02, 8.01, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IO Biotech draws €12.5M Tranche B from EIB, issues warrant for 4.22M shares at $1.3159
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- Satisfied conditions to draw €12.5M second tranche (Tranche B) from EIB loan facility of up to €57.5M.
- Issued Tranche B warrant to purchase up to 4,221,867 shares of common stock at strike price $1.3159 per share.
- Drawdown is expected on or around July 4, 2025.
- Warrant terms mirror those disclosed in the December 20, 2024 8-K filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865494/000119312525151511/0001193125-25-151511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865494/000119312525151511/d848617d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-151511

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