HCW Biologics Inc. has announced the pricing of a follow-on offering consisting of 2,477,292 units, each including one share of common stock (or pre-funded warrant) and one warrant to purchase one share of common stock at an exercise price of $0.6055 per share. The warrants will become exercisable upon shareholder approval and expire five years after that date. The company also reached an agreement to reduce the exercise price of certain existing warrants from $2.41 to $0.6055 per share, subject to shareholder approval.
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. HCW Biologics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9656509-en) on February 18, 2026, and is solely responsible for the information contained therein.
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