Welcome to our dedicated page for Mustang Bio news (Ticker: $MBIO), a resource for investors and traders seeking the latest updates and insights on Mustang Bio stock.
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Mustang Bio, Inc. announced the closing of a public offering, generating approximately $4 million in gross proceeds from the sale of common stock and warrants. The Company plans to use the funds for working capital and general corporate purposes. If all warrants are cash-exercised, potential additional gross proceeds of $12 million can be realized. The offering was facilitated by H.C. Wainwright & Co., with the securities offered under a registration statement on Form S-1 filed with the SEC.
Mustang Bio, Inc. announced a public offering of 16,877,638 shares of common stock, along with warrants, at a combined price of $0.237 per share to raise approximately $4 million. The offering is expected to close on May 2, 2024, with H.C. Wainwright & Co. as the placement agent. The proceeds will be used for working capital and general corporate purposes.