Nkgen Biotech Inc. has entered into a Stock Purchase Agreement with Asia Advisors Limited, selling 10 million shares at $0.25 per share for a total of $2.5 million. Asia Advisors Limited also received a warrant to purchase up to 20 million additional shares at the same price. Additionally, Asia Advisors Limited has the option to buy up to another 20 million shares at $0.25 per share within 12 months, with corresponding warrants for up to 20 million more shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nkgen Biotech Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-091112), on September 24, 2025, and is solely responsible for the information contained therein.
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