other material
confidence high
sentiment neutral
materiality 0.70
Windtree Therapeutics updates equity transactions: sold 949,948 shares for $3.2M, shares outstanding tripled to 1.61M
WINDTREE THERAPEUTICS INC /DE/
- Sold 949,948 common shares under ELOC for ~$3.2M gross proceeds as of Sep 13, 2024.
- Converted 202.5 Series C Preferred Shares into 68,877 common shares; redeemed 191.5 Preferred Shares for $0.4M.
- Shares outstanding rose from 591,909 (Jun 30) to 1,610,734 (Sep 13).
- Registration statements for private placement and ELOC became effective Sep 3, 2024.