Akari Therapeutics completes $3.8M notes financing
Akari Therapeutics, Plc reports that it has completed its previously disclosed August 2025 unsecured promissory notes financing.
Rhea-AI Filing Summary
Akari Therapeutics, Plc reports that it has completed its previously disclosed August 2025 unsecured promissory notes financing. The company had agreed to sell notes with a 20% original issue discount for an aggregate purchase price of $3 million, resulting in a total principal amount of approximately $3.8 million.
On September 26, 2025, Akari closed the final tranche of this private placement, issuing $312,500 in aggregate principal amount of August 2025 Notes for a purchase price of $250,000. After this closing, the full approximate $3.8 million principal amount of August 2025 Notes has been issued to investors.
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Insights
Akari completes $3M discounted note financing, fully issuing $3.8M principal.
Akari Therapeutics, Plc has now fully closed its August 2025 unsecured promissory note financing. The company placed notes for an aggregate purchase price of $3 million, structured with a 20% original issue discount, which results in an aggregate principal amount of approximately $3.8 million owed to investors.
The final tranche closed on September 26, 2025, when Akari issued $312,500 aggregate principal amount of notes for a purchase price of $250,000. This confirms that the entire targeted principal amount from the August 2025 Notes Offering is now outstanding, giving the company additional funding while increasing its unsecured debt obligations.
Subsequent disclosures in future company filings may provide more detail on the notes’ maturity, interest terms, and how the proceeds support operations or strategic initiatives, which will shape the long‑term impact on Akari’s balance sheet.
8-K Event Classification
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