other material
confidence high
sentiment neutral
materiality 0.35
Adicet Bio swaps 250K shares for pre-funded warrant at $0.0001 strike to RA Capital
Adicet Bio, Inc.
- RA Capital exchanged 250,000 common shares for a pre-funded warrant to acquire 250,000 shares at $0.0001 per share.
- Warrant is exercisable from issuance via cashless exercise; includes a 9.99% beneficial ownership blocker (can be raised to 19.99%).
- Issued under Section 3(a)(9) exemption; no new cash proceeds raised and no change in total outstanding shares.
- Pre-funded warrant effectively equivalent to common stock upon exercise due to nominal exercise price.