other material
confidence high
sentiment positive
materiality 0.70
OS Therapies raises $7.53M via warrant exercise inducement from all 9 existing holders
OS Therapies Inc
- Gross proceeds of $7.53M from exercise or pre-funding of 5,382,148 Existing Warrants at $1.40/share.
- New Warrants issued for up to 5,382,148 shares at $1.40, exercisable immediately for 5 years.
- Net proceeds to fund OST-HER2 BLA/MMA filings, commercial prep, and OS Animal Health spinoff.
- BLA for OST-HER2 in metastatic osteosarcoma expected by end of January 2026 under Accelerated Approval.
- Company expects cash runway into 2027; all 9 accredited investors offered agreed to participate.