Windtree raises $253,333 via convertible notes and warrants to fund operations

WINDTREE THERAPEUTICS INC /DE/

Issued convertible notes with 14% annual interest and 12-month maturity; conversion price $0.587/share.
Warrants issued for 25% of purchase price at exercise price $1.10/share; total gross proceeds $253,333.
Proceeds to be used for operational expenses, including a loan to Titan Environmental Services, Inc.
Notes and warrants sold in unregistered transactions under Section 4(a)(2) and Rule 506(b).

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