Latest Current Report
Filed: 2026-03-23
Key Insights
- Azitra, Inc. has raised $31.4 million through a private placement of convertible preferred stock and warrants. This capital will be used for research and development, general corporate expenses, and working capital needs.
- The convertible preferred stock will not be convertible into common stock until Azitra's shareholders approve an increase in authorized shares and the issuance of the conversion shares.
- The warrants issued in the private placement have an exercise price of $0.123 per share and will become exercisable after shareholder approval and filing of a certificate of amendment.