other_material
confidence high
sentiment neutral
materiality 0.60
MAIA Biotechnology enters $587,905 stock purchase agreement with Prevail Partners for Phase 3 THIO trial
MAIA Biotechnology, Inc.
- Total purchase amount up to $587,905; monthly payments equal to 33% of invoices for Phase 3 THIO trial services provided by Prevail affiliate InfoWorks.
- Share price set at 120% of 30-day VWAP; minimum share price of $1.74; maximum shares issuable at minimum price: 337,876.
- Shares are unregistered, issued under Section 4(a)(2); subject to 19.99% blocker and Exchange Cap.
- Proceeds used to fund a multicenter Phase 3 study of THIO sequenced with cemiplimab in advanced NSCLC.
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