Azitra closes $695K registered direct offering of 2.5M shares at $0.2785/share

Azitra, Inc.

Sold 2,495,518 shares of common stock at $0.2785/share for gross proceeds of ~$695,001.
Offering closed on February 6, 2025; Maxim Group LLC acted as sole placement agent.
Placement agent fee of 7.0% of gross proceeds; company also reimburses expenses.
Net proceeds will be used for working capital and general corporate purposes.
Issuer also announced initial pricing of $930K offering on Feb 4, but final terms reduced.

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