other_material
confidence high
sentiment neutral
materiality 0.60
Gossamer Bio issues 2.5M shares for option to acquire Respira Therapeutics
Gossamer Bio, Inc.
- Issued 2,500,000 shares to Prana Bio on Sept 24, 2025 as consideration for option to acquire Respira via merger.
- Option exercisable until Dec 31, 2027 or earlier upon completion of certain Respira development activities.
- May issue up to 1.5M additional shares upon exercise, plus up to ~6.7M shares on regulatory and sales milestones.
- Shares issued in reliance on Section 4(a)(2) exemption from registration.
item 3.02