Xilio Therapeutics Raises $35.8 Million From Series B Warrant Exercises

Reuters01-05

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

Xilio Therapeutics Inc. announced that, following a June 2025 public offering, 48,207,815 Series B warrants were exercised through December 31, 2025, resulting in the issuance of 8,202,815 shares of common stock and 40,005,000 prefunded warrants. The company raised $35.8 million in gross proceeds from these exercises. Additionally, 66,676,000 Series C warrants were issued in connection with the offering, with 48,207,815 Series C warrants remaining outstanding. If all outstanding Series C warrants are exercised at their current price of $0.75 per warrant, Xilio could receive up to $36.2 million in additional gross proceeds by the end of 2026. As of January 2, 2026, Xilio had 67,540,930 shares of common stock outstanding.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-001580), on January 05, 2026, and is solely responsible for the information contained therein.

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