other material
confidence high
sentiment neutral
materiality 0.60
Xilio reports 48.2M Series B warrants exercised for $35.8M, cash runway into Q2 2027
Xilio Therapeutics, Inc.
- 48.2M Series B warrants exercised by Dec 31, 2025, yielding $35.8M gross proceeds; issued 8.2M shares and 40M prefunded warrants.
- As of Jan 2, 2026, 67.5M shares of common stock outstanding.
- 48.2M Series C warrants outstanding at $0.75 strike; if fully exercised could add $36.2M gross.
- Existing cash plus net proceeds from Series B exercise expected to fund operations into Q2 2027.