other_material
confidence high
sentiment neutral
materiality 0.60
MAIA Biotechnology announces $2.25M private placement of stock and warrants
MAIA Biotechnology, Inc.
- Gross proceeds ~$2.25M from sale of 1,733,766 shares at $1.30; one warrant per share at $1.57 exercise price.
- Funds will support Step 1 of Part C of Phase II trial THIO-101 and working capital.
- Greater than 5% holder FGMK subscribed for 769,230 shares & warrants for ~$1M; director Stan Smith for 19,230 shares.
- Existing warrants for 1,396,667 shares amended to reduce exercise price from $1.87 to $1.30.
- Closing expected on or about October 1, 2025.
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