Theriva Biologics Inc. has announced a warrant inducement transaction with existing institutional investors, resulting in approximately $4.0 million in gross proceeds. Investors immediately exercised warrants to purchase up to 7,360,460 shares of common stock at a reduced exercise price of $0.54 per share. In exchange, these investors will receive new unregistered warrants to purchase up to 14,720,920 additional shares at the same exercise price. The new warrants will become exercisable upon stockholder approval and will expire five years after approval. Theriva Biologics intends to use the net proceeds for working capital and general corporate purposes. A.G.P./Alliance Global Partners served as exclusive financial advisor for the transaction.
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. Theriva Biologics 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: 0001104659-25-100468), on October 17, 2025, and is solely responsible for the information contained therein.
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