other material
confidence high
sentiment neutral
materiality 0.60
Azitra prices $1.5M public offering of 4.86M shares at $0.30/share
Azitra, Inc.
- Gross proceeds of $1.5M from sale of 4,857,780 shares at $0.30/share; offering closed Jan 16, 2025.
- Maxim Group LLC acted as sole placement agent; cash fee of 7% of gross proceeds.
- Placement agent warrants for 194,311 shares at $0.375/share (125% of offering price).
- Net proceeds to be used for working capital and general corporate purposes.