other_material
confidence high
sentiment neutral
materiality 0.40
MAIA Biotechnology closes $695K private placement of stock and warrants for THIO-101 trial
MAIA Biotechnology, Inc.
- Sold 463,332 shares and warrants at $1.50/share; warrants exercisable at $1.71, 5-year term, 6-month lockout.
- Director Stan Smith purchased 33,333 shares and warrants for ~$50,000.
- Gross proceeds ~$695,000; net proceeds to fund Step 1 of Part C of Phase II THIO-101 trial and working capital.
- Expected closing May 29, 2025; securities exempt from registration under Section 4(a)(2)/Rule 506.
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