NKGen Biotech sells 10M shares at $0.25 to Asia Advisors for $2.5M, with warrants

NKGen Biotech, Inc.

Issued 10M shares at $0.25 to Asia Advisors Limited, raising $2.5M gross proceeds.
Warrant issued to purchase up to 20M shares at $0.25 (200% of shares bought).
Letter agreement grants option to purchase additional 20M shares at $0.25 within 12 months, with matching warrants.
If outstanding convertible debt warrant exercise prices are reset below $0.25, purchase price and warrant exercise price reset to that lower price.
Securities issued under Section 4(a)(2) and Rule 506; stock trades on OTC Expert Market.

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