Palomino Labs adds $275K to private placement; total raised ~$9.76M

Palomino Laboratories Inc.

On Oct 24, 2025, Palomino sold 183,334 units at $1.50/unit for $275,001 gross proceeds.
Each unit consists of one share of common stock and one warrant (exercise price $1.50, term 1 yr after trading start).
Placement agent Laidlaw & Co. received 10% cash commission, 2% expense allowance, and 18,333 warrants at $1.80 (7-yr term).
Combined with prior Oct 6 closing, total units sold: 6,504,017 for aggregate gross proceeds of ~$9.76 million.

item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Palomino Laboratories Inc. issued 18,333 warrants of warrant to Laidlaw & Company (UK) Ltd. (the “Placement Agent”).

Security: warrant
Shares: 18,333 warrants
Purchaser: Laidlaw & Company (UK) Ltd. (the “Placement Agent”)

Exact text from the filing

Laidlaw & Company (UK) Ltd. (the “Placement Agent”) was paid at closing (a) a cash commission of 10.0% of the aggregate gross purchase price (b) a non-allocable expense allowance equal to 2.0% of the aggregate gross purchase price, and (c) received 18,333 warrants (the “Placement Agent Warrants”).

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Palomino Laboratories Inc. issued 183,334 Units of unit to accredited investors for gross proceeds of $275,001.00, $1.50 per Unit.

Security: unit
Shares: 183,334 Units
Purchaser: accredited investors
Consideration: gross proceeds of $275,001.00, $1.50 per Unit

Exact text from the filing

On October 24, 2025, the Company and certain accredited investors mutually agreed to effect, and effected, an additional closing, with respect to 183,334 Units for gross proceeds of $275,001.00 (the “Offering”).

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Palomino Laboratories Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-020229

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