other material
confidence high
sentiment neutral
materiality 0.50
Indaptus Therapeutics raises $12M via private placement of 20M shares at $0.60/share
Indaptus Therapeutics, Inc.
- Raised ~$12M gross from sale of 20M shares of common stock at $0.60 per share to non-U.S. accredited investors.
- Placement conducted under Regulation S; no commissions or compensation were paid.
- Shares are restricted; company must file resale registration statement within 90 days of closing.
- Closings occurred on June 17, 2026; registration rights granted to purchasers.
- 20M new shares represent less than 20% of outstanding shares prior to the private placement.