other material
confidence high
sentiment neutral
materiality 0.75
Coya Therapeutics prices upsized public offering of 4.18M shares at $5.50, raising ~$23M
Coya Therapeutics, Inc.
- Offering of 3,636,364 shares (base) plus full exercise of 545,454 over-allotment, all at $5.50/share.
- Gross proceeds of approximately $23.0 million; net proceeds for working capital and clinical development.
- Directors and officers subject to lock-up restricting share sales until January 22, 2026.
- Financial advisor to receive 100,000 warrants at $5.50 exercise price and $200,000 fee.
- Lucid Capital Markets is sole book-runner; Allele Capital Partners acted as financial advisor.