Decoy Therapeutics raises $3.85M via warrant inducement, issues new warrants

Decoy Therapeutics Inc.

Series B Milestone Warrants for 1,184,434 shares exercised at reduced price $3.25 (from $5.91) for gross proceeds ~$3.85M.
Exercise price of Series A and C Milestone Warrants also reduced to $3.25 per share.
Issued new warrants for 2,368,868 shares at $3.25, exercisable immediately, 5-year term; no stockholder approval required.
Company to file resale registration statement within 15 days; 30-day lock-up on further issuances.
Proceeds for working capital and general corporate purposes; placement agent Curvature Securities LLC.

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