other material
confidence high
sentiment positive
materiality 0.55
Telomir Pharmaceuticals raises $1M at $7/share (20% premium) in no-warrant private placement
Telomir Pharmaceuticals, Inc.
- Issued 142,857 shares at $7/share to an accredited investor, a 20% premium to Dec 9 closing price.
- Total proceeds $1M; no warrants issued, minimizing dilution.
- Same investor extended a $5M non-dilutive line of credit earlier in 2024, currently undrawn.
- Exempt from registration under Section 4(a)(2) of the Securities Act.