other material
confidence high
sentiment negative
materiality 0.75
Regen BioPharma issues 40M shares to CEO and consultant for Phase I trial; shares vest on trial success
Regen BioPharma Inc
- Issued 20M shares to CEO David Koos for services in planned Phase I trial of HemaXellerate; shares vest upon trial completion.
- Issued 20M shares to consultant Dr. Harry Lander for same purpose; same vesting condition.
- Total outstanding shares jump to 79,374,704 as of Oct 3, 2025, reflecting ~100% dilution from these grants.
- Phase I trial targets drug-refractory aplastic anemia using autologous stromal vascular fraction from adipose tissue.
- Shares are restricted and unregistered; vest only upon successful trial completion, otherwise forfeited.