other material
confidence high
sentiment neutral
materiality 0.50
Eledon exchanges 4.2M shares for pre-funded warrant with Coastlands
Eledon Pharmaceuticals, Inc.
- Exchange of 4,203,764 common shares for pre-funded warrant at $0.001 exercise price.
- Warrant has 4.99% beneficial ownership limitation, can be increased to 19.99% per Nasdaq rules.
- Issued under Section 3(a)(9) exemption; exchange closed December 30, 2025.
- Counterparty: Coastlands Capital Partners LP.