other material
confidence high
sentiment positive
materiality 0.60
Cabaletta Bio nets ~$128.2M gross from warrant exercises; 46M warrants exercised near expiry
Cabaletta Bio, Inc.
- 53,090,190 warrants issued June 2025 at $2.50/share, expiring Sept 12, 2026.
- 5,275,100 warrants exercised through June 30, 2026, raising ~$13.2M.
- 46,011,900 warrants exercised July 1–Sept 12, 2026, raising ~$115.0M.
- Total gross proceeds from all warrant exercises ~$128.2M.