Galera Therapeutics converts Series B preferred shares into 76,479,164 common shares

Reuters04-10 04:02
Galera <a href="https://laohu8.com/S/LENZ">Therapeutics</a> converts Series B preferred shares into 76,479,164 common shares
  • Galera Therapeutics converted 76,479 shares of Series B non-voting convertible preferred stock into 76,479,164 common shares on April 7, 2026.
  • Cash will be paid in lieu of any fractional common shares based on trading value at close of business on conversion date.
  • Series B preferred shares outstanding fell to 42,839 shares following conversion.
  • Affiliates of Ikarian Capital exercised pre-funded warrants for 8,488,229 common shares on April 8, 2026 at USD 0 per share.
  • Pre-funded warrants for 14,552,811 additional common shares remain 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. Galera 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: 0001193125-26-149590), on April 09, 2026, and is solely responsible for the information contained therein.

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