other_material
confidence high
sentiment neutral
materiality 0.60
Azitra modifies equity line with Alumni Capital; new pricing at 90% or 97% discount
Azitra, Inc.
- Modification Agreement dated Aug 26, 2025 amends $20M purchase agreement from April 24, 2025.
- Company can now elect Option 1 (90% of lowest daily VWAP over up to 5 business days) or Option 2 (97% of lowest same-day price).
- Per-purchase limits unchanged: up to $750,000 (or $4M by mutual agreement); total commitment remains $20M.
item 1.01item 9.01