AIM ImmunoTech Inc. - 8-K Filing
AIM ImmunoTech entered into a warrant exercise inducement agreement with holders of existing warrants exercisable for up to 8,720,928 shares. Holders exercised these warrants at $0.48 per share in exchange for new Class H warrants covering twice as many shares (17,439,856 total) and an exercise price of $0.60 per share. The company expects gross proceeds of approximately $4.2 million from the transaction, which will be used for working capital and general corporate purposes. (Items: 1.01 Entry into a Material Definitive Agreement, 3.02 Unregistered Sales of Equity Securities, 9.01 Financial Statements and Exhibits)
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