other material
confidence high
sentiment neutral
materiality 0.60
AIM ImmunoTech prices $2.4M registered direct offering of 7.5M shares and warrants
AIM ImmunoTech Inc.
- Offering of 7,519,351 shares at $0.325 per share; gross proceeds ~$2.4M before expenses.
- Concurrent private placement of Common Warrants to purchase up to 15,038,702 shares at $0.325.
- Warrants exercisable after stockholder approval, expire 5 years later; potential additional $4.9M.
- Closing expected May 21, 2026; company expects at least $6M in stockholders' equity post-closing.