other material
confidence high
sentiment neutral
materiality 0.80
AEON Biopharma raises $6M private placement, plans Daewoong note exchange for ~23M shares
AEON Biopharma, Inc.
- First closing of private placement expected week of Nov 17, 2025: 1,964,905 shares/pre-funded warrants at $0.9116 per share.
- Second closing subject to stockholder approval: 4,616,924 shares and 6,581,829 warrants at $1.09392.
- Term sheet with Daewoong to exchange existing notes for $1.5M new note, ~23.1M shares, and 8M warrants.
- True-Up Warrants issued to maintain investor ownership percentage post-Daewoong exchange.
- Investors receive registration rights for resale of shares and warrant shares.