MediciNova terminates $30M standby equity purchase agreement with Yorkville

MEDICINOVA INC

Terminated SEPA with YA II PN, LTD. effective Sept 8, 2026; no fees or outstanding obligations.
Had right to sell up to $30.0M of common stock; only sold 175,000 shares at $1.39-$1.40 for $0.2M proceeds.
No outstanding borrowings, advance notices, or shares to be issued at termination.
Termination notice delivered Aug 31, 2026; agreement originally dated July 30, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.