other material
confidence high
sentiment neutral
materiality 0.75
Bio-Path pivots to crypto treasury, signs LOI with altFINS, and engages Farrington for biotech asset sale
BIO-PATH HOLDINGS, INC.
- Raised $28,659 from Reg A sales of 955,300 shares; authorized 5M Series B Preferred shares convertible into 1,000 common each.
- MD Anderson agreed to restart Phase 2 AML trials if Bio-Path pays $292,264 (BP1001) and $63,287 (BP1002) past due.
- Issued 22,342 Series B Preferred for Himalaya Technologies (OTC: HMLA) valued at $670,260, making HMLA a majority-owned subsidiary.
- Engaged Farrington Capital for exclusive out-license/asset sale of DNAbilize platform and all drug programs; 60-day exclusivity.
- Signed LOI with altFINS for Gen2 digital asset treasury; altFINS to receive 2.5M BPTH shares, BPTH gets option to invest €2M at €7.4M valuation.