other material
confidence high
sentiment neutral
materiality 0.55
MAIA raises $1.08M in private placement; warrants corrected to 1-year lockout, 6-year term
MAIA Biotechnology, Inc.
- 719,999 shares sold at $1.50/share; each with a warrant to buy one share at $2.05.
- Warrants exercisable starting 1 year from issuance, expiring 6 years from issuance date.
- Directors Stan Smith ($100K) and Ramiro Guerrero ($30K) participated in the offering.
- Net proceeds to fund Part C of THIO-101 Phase II trial and working capital.
- Closing expected on or about May 7, 2025, subject to customary conditions.