Xilio Therapeutics Raises $35.8 Million Through Series B Warrant Exercises

Reuters01-08

<a href="https://laohu8.com/S/XLO">Xilio Therapeutics</a> Raises $35.8 Million Through Series B Warrant Exercises

Xilio Therapeutics Inc. announced the receipt of $35.8 million in gross proceeds from the exercise of Series B warrants. The exercise included full participation by Coastlands Capital, Frazier Life Sciences, and Gilead Sciences, Inc. The Series B warrants were originally issued in connection with a follow-on public offering in June 2025. The proceeds are expected to extend Xilio's anticipated cash runway into the second quarter of 2027.

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. Xilio Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9621926-en) on January 08, 2026, and is solely responsible for the information contained therein.

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