other material
confidence high
sentiment neutral
materiality 0.50
Akari Therapeutics raises ~$5.5M via private placement of ADSs and warrants
Akari Therapeutics Plc
- Gross proceeds of ~$5.5M from 1,470,588 ADSs at $3.74 per unit; three closings through July 15, 2026.
- Each unit includes one ADS (or pre-funded warrant) plus Series H/I/J warrants exercisable at $3.74 per ADS.
- Warrants require shareholder approval; pre-funded warrants exercisable immediately.
- Net proceeds for working capital and general corporate purposes; Paulson Investment paid 2% cash fee plus 117,647 ADSs.
- Offering exempt from registration under Section 4(a)(2) and Regulation D.